506 S Main St - Hospitality FOR SALE


Charleston, MO 63834
$350,000 USD
573-683-1617
506 S Main St, Charleston, MO for Sale
$350,000 USD
Hospitality - FOR SALE
1/21
null | Request Cap Rate

506 S Main St
Charleston, MO 63834


HIGHLIGHTS

  • Fully remodeled commercial property in a prime location.
  • New roof, windows, flooring, bathrooms, and security system.
  • 2 central heating & air units.
  • Commercial/Residential – ideal for hospitality or mixed-use.
  • City water, public sewer, cable pre-wiring.
  • Ample space with easy access from major roads.

OVERVIEW

506 S Main St presents an opportunity to acquire a remodeled mixed-use commercial property in downtown Charleston, Missouri. The two-story brick building has undergone extensive improvements, including a new roof, replacement windows, updated flooring, renovated bathrooms, upgraded HVAC systems, a sprinkler system, and a security system. The property's commercial/residential zoning creates flexibility for a variety of hospitality, lodging, retail, office, or mixed-use concepts. Located along Main Street in Charleston, the property benefits from a central in-town setting with access to local government offices, businesses, services, and community amenities. Charleston serves as the county seat of Mississippi County and is positioned within Missouri's Bootheel region, providing connectivity to surrounding communities and regional transportation corridors. The property's turnkey condition may reduce near-term capital expenditure requirements while allowing an owner-user or investor to focus on operations and occupancy. The building's existing configuration has been marketed as a four-room bed-and-breakfast opportunity, while the flexible zoning and substantial renovations support a range of alternative commercial and residential uses. Combined with on-site access, utility service, and recent upgrades, the property offers a repositioning or owner-occupancy opportunity within an established downtown environment.

FOR SALE DETAILS

PRICE

$350,000 USD

PRICE/SF

$80 USD /SF

# OF ROOMS

4

PRICE/ROOM

$87,500 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,075 SF

ZONING

Commercial

APN/PARCEL ID

09-3.0-008-02-002-0005.00

ASK ABOUT THIS PROPERTY

Suzanne WarrenCentury 21 Premiere RealtyMore Info
573-683-1617

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Suzanne WarrenCentury 21 Premiere RealtyMore Info
573-683-1617

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.