$285,000
$285,000
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504 W Reed ST Moberly, MO 65270
18,827 SqFt
Key Details
Sold Price $285,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 18,827 sqft
Price per Sqft $15
MLS Listing ID 420621
Sold Date 10/07/24
Originating Board Columbia Board of REALTORS®
Annual Tax Amount $1,254
Tax Year 2023
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 69x140
Property Description
Redevelopment project - Looking for a blank slate with plenty of history? This is the building dreams are made of. Formerly known as the Forney Furniture Building until the 1980s, this iconic structure has been a centerpiece in Moberly's historic downtown since the early 1900s.
Key Features: *Solid Structure: Sturdy construction with a metal truss roof.
*Spacious Interiors: Over 18,000 sq. ft. of wide open space with level hardwood floors and brick walls.
*Functional Layout: Easily split into two storefronts on the main level.
*Development Potential: Possibility of creating six large loft apartments on the second level.
*Tax Incentives: Eligible for state and federal tax credits. **Embrace the charm and potential of this historic building and transform it into a modern masterpiece. Whether you're looking to create retail spaces, loft apartments, or a combination of both, this property offers endless possibilities in the heart of Moberly. Zoned B-2, central commercial district.
Location
State MO
County Randolph
Direction 504 W. Reed in the last block next to Coach Light Hallmark store and the post office.
Region MOBERLY
City Region MOBERLY
Interior
Heating Space Heater, Gas-Natural
Equipment Freight Elevator
Heat Source Space Heater, Gas-Natural
Exterior
Garage Street Parking
Road Frontage City
Parking Type Street Parking
Garage No
Building
Story 2
Others
Senior Community No
Tax ID 10-1.0-01.0-2.0-003-047.000
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Bought with R. G. Mongler Real Estate