Remarks

Very unique waterfront property on 15.27 acres is zoned Recreational and has several different income producing features. The county just announced plans to start spraying Lake Contrary as part of an effort to dredge the Lake and restore it to previous glory. This property runs from SW Lower Lake Rd all along the east side of the Lakefront playground park and borders the Missouri River to the North. There is a boat ramp on the north side of the property that gives access to the Missouri River and has a small campground with 22 power hookups for RVs. That area is currently being leased on an annual basis to a fishing club for $4250 until November 1st, but lease amount could be increased in future years or new owner could lease out individual RV spots themselves.
The main part of the property used to be the McBride motorcycle showroom and service center. The main building on the south side of the property is a commercial office building that is currently on a month-to-month lease as a weekend bar at $500/month. New owner could look to increase lease or use the building themselves to run a new business out of. Attached to the commercial building is approx. 7500 sq ft of warehouse space that used to be the parts and service area. There are 4 bay doors in the back of this building, and one even has a in ground mechanics pit built in. Back 3 doors are being leased at $350/month on a month-to-month lease, but new owner could occupy or increase rent. There are also 2 residential dwellings on the property that are currently uninhabitable but could be fixed up for new owner to live in or to rent out. There is an open field area in the middle of the property that is just field and could be used for many different things.
This property has so much potential for income and the revitalization of Lake Contrary that is in the works would be a huge boon for future uses.

Details

MLS#: 2549413
Price: $450,000

Style: Other
Year Built: 1950

County: Buchanan
Subdivision: Other
Tax Fee: 1931