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$329,000
Est. payment /mo
2,657 Sqft Lot
Active
403 Broadway Hannibal, MO 63401
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision City/Hannibal
MLS Listing ID 26013145
Year Built 1866
Annual Tax Amount $2,069
Lot Size 2,657 Sqft
Acres 0.061
Property Description
Located in the heart of historic downtown Hannibal, 403 Broadway presents an excellent mixed-use investment or owner-occupant opportunity. This versatile property features two upper-level residential apartments and a flexible commercial space on the main floor, offering the potential for multiple income streams. On the main level, the commercial space offers an open floor plan ready to suit a variety of uses. Whether you envision a retail storefront, café, office, studio, or boutique, this space provides the flexibility to bring your vision to life. It is currently vacant and ready to be leased for additional income or customized for an owner's business needs. With strong street frontage on Broadway, the property enjoys excellent visibility and convenient access to downtown shops, restaurants, and local attractions.
The upper levels include two separate apartments, both currently occupied by dependable, income-producing tenants, providing immediate cash flow from day one. The second-floor unit offers a two-bedroom, two full bathroom layout, providing strong rental appeal and functional living space. The third-floor unit features a spacious one-bedroom, two-bathroom layout with balcony access off the back—perfect for enjoying a private outdoor space. The kitchen is highlighted by a large quartz island with additional storage, overlooking the open living and dining area to create a functional and inviting layout. The third-floor unit also includes a tile walk-in shower and a soaking tub, adding a touch of comfort and luxury. Both apartments are equipped with in-unit laundry, increasing convenience and tenant desirability.
With built-in rental income, commercial flexibility, and a prime location in one of Hannibal's most recognizable downtown corridors, 403 Broadway is a strong opportunity for investors, entrepreneurs, or anyone looking to be part of the city's vibrant business community.
The upper levels include two separate apartments, both currently occupied by dependable, income-producing tenants, providing immediate cash flow from day one. The second-floor unit offers a two-bedroom, two full bathroom layout, providing strong rental appeal and functional living space. The third-floor unit features a spacious one-bedroom, two-bathroom layout with balcony access off the back—perfect for enjoying a private outdoor space. The kitchen is highlighted by a large quartz island with additional storage, overlooking the open living and dining area to create a functional and inviting layout. The third-floor unit also includes a tile walk-in shower and a soaking tub, adding a touch of comfort and luxury. Both apartments are equipped with in-unit laundry, increasing convenience and tenant desirability.
With built-in rental income, commercial flexibility, and a prime location in one of Hannibal's most recognizable downtown corridors, 403 Broadway is a strong opportunity for investors, entrepreneurs, or anyone looking to be part of the city's vibrant business community.
Location
State MO
County Marion
Area 533 - Hannibal
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Utilities Available Water Connected
View Y/N No
Building
Water Public
Structure Type Brick,Stone
Others
Acceptable Financing Other
Listing Terms Other
Special Listing Condition Listing As Is
Listed by Rickelle Pimentel • Christal Property Group, LLC
NEARBY SCHOOL & BUSINESS
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