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206 Lafayette St 2,854 SF 100% Leased Retail Building Washington, MO 63090 $750,000 ($262.79/SF)
Investment Highlights
- Corner Lot with River View
- Fully Renovated in 2023
- Occupied Front Unit, Vacant Rear Unit
Executive Summary
RARE Opportunity in bustling Downtown Washington! Situated just 2 blocks from Washington Riverfront & Farmers Market, this prime location ensures a high car count & walking traffic throughout the week. Full Masonry Building sits on Corner Lot across from a City Park, with a River View, and so much History! Though it previously operated as Angelina's Italian Market, the property has been converted to a Hair Salon & Beauty Parlor, which has a potential long-term lease in place. (Business Not For Sale)There is an additional Commerical Space off Lafayette, which is current;y vacant, and Many Other Potential Uses for the Second Commercial Unit, like Professional Office Space, Warehouse Sales, and So many other possibilities. Property was completed renovated in 2018/19 with most building systems modernized at that time, and then additional renovation took place in 2023 to current state. Don't Miss Out on this Amazing Property in Historic Downtown Washington MO! Location: City, Corner Location, Downtown, Rural, and Charming!
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
2,854 SF
Building Class
C
Year Built/Renovated
1938/2023
Price
$750,000
Price Per SF
$262.79
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.94
Lot Size
0.07 AC
Zoning
C-3 - Zoning to promote a mix of commercial and residential uses with appropriate density requirements to reflect existing lot sizes within the downtown.
Parking
12 Spaces (4.2 Spaces per 1,000 SF Leased)
Frontage
91’ on West 2nd Street
Amenities
- Corner Lot
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 10-5-220-1-006-119000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $55,952 |
Property Taxes
Parcel Number
10-5-220-1-006-119000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$55,952
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Contact the Sale Advisor
206 Lafayette St