Laurie, MO 65037,401 North Main ST
Laurie, MO 65037,401 North Main ST
Laurie, MO 65037,401 North Main ST
Laurie, MO 65037,401 North Main ST
Laurie, MO 65037,401 North Main ST
Laurie, MO 65037,401 North Main ST
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Listed by JUSTIN R FARRELL, LLC/ FARRELL, JUSTIN John Farrell Real Estate Co.
Bought with WINTERS SHELTON REAL ESTATE GROUP, LLC RE/MAX Lake of the Ozarks

$2,000,000

$2,000,000

Est.Price: ?

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Est. payment /mo

53,653 SqFt


SOLD DATE : 10/17/2022

Key Details

Sold Price $2,000,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 53,653 sqft

Price per Sqft $37

MLS Listing ID 3547766

Sold Date 10/17/22

Construction Status Updated/Remodeled

HOA Y/N No

Total Fin. Sqft 53653

Annual Tax Amount $7,241

Tax Year 2021

Lot Size 7.110 Acres

Acres 7.11

Property Sub-Type Office

Property Description

The Laurie Mall has been revitalized and ready for new ownership. New leases have been signed and put in place. Substantial cosmetic improvements completed, as well as a newer roof. Building is on City Water & Sewer and has high speed fiber optic internet provided by CO-MO Connect as well as AT&T. Parking lot is FLAT, comes with two 60' curb cuts and more than 120 parking spaces. Gross square feet of the building is 53,653 with 40,070 Square Feet of Leasable space; only 49% of the leasable space has been leased. COMC just signed a 10 year triple net lease as the Anchor. The entire building is clear span, none of the individual spaces have load bearing walls; build to suit opportunities for new tenants. Fill up the spaces and you can have a minimum 8% ROI on your investment, but market statistics show a higher ROI is very achievable. Purchase includes 3.91 Acre lot on back side of property for expansion or further development with storage units, etc.

Location

State MO

County Morgan

Area K

Zoning C-2

Interior

Interior Features InteriorFeatures

Heating Electric, Forced Air

Cooling Central Air

Furnishings Unfurnished

Fireplace No

Exterior

Utilities Available Cable Available, Electricity Available, Sewer Available, Water Available

Water Access Desc Public

Roof Type Flat

Street Surface Asphalt,Paved

Road Frontage Highway

Total Parking Spaces 127

Building

Lot Description Level

Sewer Public Sewer

Water Public

Structure Type Block

Construction Status Updated/Remodeled

Others

Tax ID 209029000000103000

Ownership Fee Simple,Stock

Financing Conventional

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