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Active - Other for sale
Monroe City, MO
Facts & features
Why you’ll love it
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.
Listings courtesy of Hannibal Realty LLC as distributed by MLS GRID.
Listed by: Hannibal Realty LLC
Co-listed by: Hannibal Realty LLC
Source: Maris MLS as distributed by MLS GRID, MLS#: 24050809
Based on info available as of Nov 13, 2026 at 12:33 PM EST.
Come see by yourself
Affordability
$1,974/mo
- Mortgage$1,765
- Property tax$209
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$6,980 Credit back
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Travel times
About Monroe City
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Make a winning offer, and get up to
$6,980 Credit back
