Remarks

Nestled in the heart of Hannibal's vibrant historic district, this stunning three-story office building at 201 N Third and the accompanying building at 308 Center (bonus Sq Ft of 2300), is a rare gem offering charm and functionality. These buildings on the historic registry, boasting a timeless brick facade and classic architectural details, are suited for businesses seeking a prestigious and unique setting.

The spacious layout and 12 offices throughout are all under current leases, with a cap rate of 6.5. This versatile setting allows for a mix of professional services. The prime location offers dining, shopping, high visibility and easy access in Hannibal's bustling downtown district. The HVAC, electrical systems and roof have all been updated. There is a regular service agreement in place for the elevator system.
This building also includes ample storage, private restrooms on each floor and common areas. Seize this opportunity to own a piece of Hannibal's history today!

Details

MLS#: 25001322
Price: $699,000

Style: Commercial & Indr.
Sq Ft: 13824.0
Year Built: 1885

County: Marion
Subdivision: Hannibal Historic District
Lot Size: 18602
Tax Fee: 6747