Commercial for Sale: 401 North Main Street, Laurie, MO 65037

53,653 sqft
$2,000,000
$2,000,000
401 North Main Street, Laurie, MO 65037
53,653 sqft
$2,000,000
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37
Price:
$2,000,000

Type: Commercial
Square Feet: 53,653 sqft
Lot Size: 0.00 acres
Year Built: 1970-1977
Taxies Paid: $7,241

City: Laurie
County: Morgan

MLS: 3547766
Status: Contingent
DOM: 77 days
The Laurie Mall has been revitalized and ready for new ownership. New leases have been signed and put in place. Substantial cosmetic improvements completed, as well as a newer roof. Building is on City Water & Sewer and has high speed fiber optic internet provided by CO-MO Connect as well as AT&T. Parking lot is FLAT, comes with two 60' curb cuts and more than 120 parking spaces. Gross square feet of the building is 53,653 with 40,070 Square Feet of Leasable space; only 49% of the leasable space has been leased. COMC just signed a 10 year triple net lease as the Anchor. The entire building is clear span, none of the individual spaces have load bearing walls; build to suit opportunities for new tenants. Fill up the spaces and you can have a minimum 8% ROI on your investment, but market statistics show a higher ROI is very achievable. Purchase includes 3.91 Acre lot on back side of property for expansion or further development with storage units, etc.

Virtual Tours for 401 North Main Street Laurie, MO

Lot & Building Features

Construction: Block
Cooling: Central Air
Heating: Forced Air Electric
Sewer: City Sewer
Tax Year: 2021
Water: City Water
Taxies Paid: $7,241

Price History of 401 North Main Street, Laurie, MO

Date Name Price Difference
07/20/2022 Listing Price $2,000,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 401 North Main Street, Laurie, MO

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Photo of Perez Properties
Direct: 314-398-7158
Office
1895 Richardson Rd
Arnold, MO 63010
636-296-1444
Listed by John Farrell Real Estate, JUSTIN R FARRELL, LLC/ FARRELL, JUSTIN
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: John Farrell Real Estate