401 North Main Street, Laurie, Missouri 65037

$2,000,000
53,653
SqFt
List Price
$2,000,000
Status
CONTINGENT
MLS#
3547766
Acres
7.11
Living Area
53,653

Property Description

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.

Additional Information

Taxes
$7,241
Property Features
Level
Cooling
Central Air
Heating
Forced Air Electric
Exterior
Block

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of John Farrell Real Estate Co..

Listing information is provided courtesy of the Broker Reciprocity/IDX of Bagnell Dam Association of REALTORS® and Lake of the Ozarks Board of REALTORS®, Inc. Multiple Listing Services. Copyright 2022 Multiple Listing Service, Inc. of Bagnell Dam Association of REALTORS® MLS, Inc. and Lake of the Ozarks Board of REALTORS® MLS, Inc. Information is being provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. 2022 BHH Affiliates, LLC. An independently owned and operated franchise of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, INC (R) Equal Housing Opportunity.