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Investment Highlights
- Victorian architecture, circa 1881
- Period fixtures throughout the premises
- Near MSU, Apartments, student housing restaurants, galleries entertainment venues and major sporting events
- Strong demographics. 40,000 students located in Center City and approximately 25,000 workforce.
- Desirable landscaping
Executive Summary
Victorian-era property (circa 1881) located in Center City near S. Jefferson & E. Walnut. Previously used as mixed office/residential income property. Minutes from Missouri State University main campus, Cardinal Ballpark, Federal Court House, local and State offices,, and Hammons Center for the Preforming Arts, walking distance to restaurants, art galleries, shopping, theatres, clubs , apartments, office buildings and student housing. Features include high ceilings, wood and new carpeted floors, updated paint and wallpaper, period fireplaces and fixtures, natural light, full kitchen, six bathrooms, and fire alarm pre-wiring. Listed on the National Register of Historic Places since 1984. Property possibly eligible for city, county, state & federal incentive programs. Many seller improvements have been made over the years including new plumbing, electrical and air conditioning. There are five universities near–by with an enrollment of approximately 40,000 day and evening students. An additional 25,000 people work in the Central Business District. +/-19,000 people live within a 1 mile radius. Pro-Forma available upon request.
Property Facts
| Price | $746,810 CAD | Lot Size | 0.49 AC |
| Price Per SF | $124.47 CAD | Building Size | 6,000 SF |
| Sale Type | Investment | No. Stories | 3 |
| Sale Condition | Redevelopment Project | Year Built | 1881 |
| Property Type | Specialty | Parking Ratio | 2.5/1,000 SF |
| Property Subtype | Residential Income | Opportunity Zone |
Yes
|
| Building Class | B | ||
| Zoning | CC - Intended to be a mixed-use district that accommodates a variety of residential, commercial, and light industrial uses. | ||
| Price | $746,810 CAD |
| Price Per SF | $124.47 CAD |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Specialty |
| Property Subtype | Residential Income |
| Building Class | B |
| Lot Size | 0.49 AC |
| Building Size | 6,000 SF |
| No. Stories | 3 |
| Year Built | 1881 |
| Parking Ratio | 2.5/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | CC - Intended to be a mixed-use district that accommodates a variety of residential, commercial, and light industrial uses. |
Amenities
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
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Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (83)
Property Taxes
| Parcel Number | 13-24-240-005 | Improvements Assessment | $201,367 CAD |
| Land Assessment | $63,948 CAD | Total Assessment | $265,315 CAD |
Property Taxes
Parcel Number
13-24-240-005
Land Assessment
$63,948 CAD
Improvements Assessment
$201,367 CAD
Total Assessment
$265,315 CAD
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435 E Walnut St
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