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Active - Other for sale
Monroe City, MO
Facts & features
Why you’ll love it
- Granite counters
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.
Listed by: Hannibal Realty LLC
Co-listed by: Hannibal Realty LLC
Source: Maris MLS as distributed by MLS GRID, MLS#: 24050809
Based on information as of Aug 31, 2026 at 11:05pm EDT.
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.
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About N/A
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Disclaimer
Based on information submitted to the MLS GRID as of Aug 31, 2026 at 11:05pm EDT. 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.
