Remarks

This historic commercial property offers an extraordinary investment opportunity, blending timeless architectural appeal with significant income potential. Spanning 4,785 square feet per floor, the building includes a versatile mix of commercial, residential, and storage spaces, making it an ideal asset in the heart of Carthage.

The first floor is leased to a retail business, ensuring a steady and reliable income stream. Expansive storefront windows provide exceptional visibility and attract high foot traffic from the vibrant downtown area. The layout includes convenient features for the tenant, such as ample storage space to support their operational needs.

The second floor houses three apartments, offering desirable residential spaces for tenants. These apartments diversify the property's income streams, providing consistent rental revenue and enhancing its overall profitability.

The property also includes a full basement, providing additional storage or potential utility space. This area is a valuable asset for tenants requiring extra room for inventory, supplies, or equipment, and it offers opportunities for future customization or expansion of usable space.

Whether you're looking to expand your portfolio or capitalize on the growing demand for mixed-use spaces, this versatile building offers a compelling opportunity.

Details

MLS#: 246231
Price: $320,000

Style: Commercial
Sq Ft: 9570
Year Built: 1895

County: Jasper
Lot Size: 29X200
Tax Fee: 3319.0300000000002