Monroe City MO Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.11 Acres
Year built:
1917
Baths:
MLS#:
24050809

ADDITIONAL INFORMATION

Great investment property. This property is the old Farmers and Merchants bank building built in 1917. The property is a centerpiece of town and is on the National Register of Historic Places. The two-story structure is two stories consisting of 7 residential rental and potentially 3 commercial sites. The wedge-shaped, flatiron building has an impressive main entrance covered in glazed terracotta tile with a granite base. The building a two-part commercial clad in tapestry brick. Opportunities abound for income production for the 7 rental units, served by a common laundry, and the 3 commercial possibilities. There are 5 one-bedroom unit, and 2 two-bedroom units, all but one are rented. South end of main level is rented to a business. Increased Mark Twin Lake traffic only adds to the appeal of this property. One of the previous occupants used this as a saloon, and the end unit would be perfect for a restaurant and an unfinished area that could serve as the kitchen area.

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Andrea D. Conner, License 71221, Xome Inc., License 68390, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

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Monroe City Real Estate

The median home value in Monroe City, MO is $155,900. This is higher than the county median home value of $152,600. The national median home value is $338,100. The average price of homes sold in Monroe City, MO is $155,900. Approximately 43.23% of Monroe City homes are owned, compared to 39.89% rented, while 16.88% are vacant. Monroe City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Monroe City real estate agent to arrange a tour today!

Monroe City, Missouri has a population of 2,995. Monroe City is more family-centric than the surrounding county with 31.93% of the households containing married families with children. The county average for households married with children is 23.01%.

The median household income in Monroe City, Missouri is $47,033. The median household income for the surrounding county is $46,441 compared to the national median of $69,021. The median age of people living in Monroe City is 40.1 years.

Monroe City Weather

The average high temperature in July is 87.6 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 41.4 inches per year, with 14.8 inches of snow per year.

Monroe City Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    24
    30-day change

Monroe City Schools and Demographics

Education near Monroe City, MO

Metric City County
High School Graduates 85.37 90.86
College Degree - 2 year 5.54 6.67
College Degree - 4 year 15.48 15.81
Graduate Degree 5.59 2.79
Expenditures per Student 14,224 14,224
Students per Teacher 11.2 11.2

Elementary Schools near Monroe City, MO

School Grades Students P/T Ratio ZIP
A. D. Stowell Elementary PK - 05 303 13.6 63401
Center Elementary School PK - 05 145 14.1 63436
Eugene Field Elementary School PK - 05 226 10.5 63401
Marion County Elementary School KG - 06 121 11.9 63463
Mark Twain Elementary School PK - 05 378 14.6 63401
Monroe City Elementary School PK - 04 275 11.3 63456
Oakwood Elementary School PK - 05 357 15.6 63401
Palmyra Elementary School PK - 04 444 11.8 63461
Veterans Elementary School PK - 05 686 13.7 63401

Middle Schools near Monroe City, MO

School Grades Students P/T Ratio ZIP
Hannibal Middle School 06 - 08 777 12.6 63401
Mark Twain Junior High School 06 - 08 151 13.4 63436
Monroe City Middle School 05 - 08 181 13.8 63456
Palmyra Middle School 05 - 08 337 13.4 63461

High Schools near Monroe City, MO

School Grades Students P/T Ratio ZIP
Hannibal Senior High School 09 - 12 1,037 17.4 63401
Marion County High School 07 - 12 106 8.9 63463
Mark Twain Senior High School 09 - 12 250 12.4 63436
Monroe City R-I High School 09 - 12 253 12.1 63456
Palmyra High School 09 - 12 357 13.8 63461

Ungraded Schools near Monroe City, MO

School Grades Students P/T Ratio ZIP
Mississippi Valley School KG - 12 22 4.6 63401

Demographics near Monroe City, MO

Metric City County
Neighborhood Type Small Town
Population 2,995 8,643
Population Density 992 13
Median Age 40.1 46.2
People per Household 2.5 2.4
Median Household Income 47,033 46,441
Average Income per Capita 23,895 26,178