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Investment Highlights

  • Fully remodeled commercial property in a prime location.
  • 2 central heating & air units.
  • City water, public sewer, cable pre-wiring.
  • New roof, windows, flooring, bathrooms, and security system.
  • Commercial/Residential – ideal for hospitality or mixed-use.
  • Ample space with easy access from major roads.

Executive Summary

506 S Main St presents an opportunity to acquire a remodeled mixed-use commercial property in downtown Charleston, Missouri. The two-story brick building has undergone extensive improvements, including a new roof, replacement windows, updated flooring, renovated bathrooms, upgraded HVAC systems, a sprinkler system, and a security system. The property's commercial/residential zoning creates flexibility for a variety of hospitality, lodging, retail, office, or mixed-use concepts.
Located along Main Street in Charleston, the property benefits from a central in-town setting with access to local government offices, businesses, services, and community amenities. Charleston serves as the county seat of Mississippi County and is positioned within Missouri's Bootheel region, providing connectivity to surrounding communities and regional transportation corridors. The property's turnkey condition may reduce near-term capital expenditure requirements while allowing an owner-user or investor to focus on operations and occupancy.
The building's existing configuration has been marketed as a four-room bed-and-breakfast opportunity, while the flexible zoning and substantial renovations support a range of alternative commercial and residential uses. Combined with on-site access, utility service, and recent upgrades, the property offers a repositioning or owner-occupancy opportunity within an established downtown environment.

Property Facts

Price $484,221 CAD
Price Per Room $121,055 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Bed and Breakfast
Building Class C
Lot Size 0.23 AC
Building Size 4,356 SF
No. Rooms 4
No. Stories 2
Year Built/Renovated 1900/2025
Zoning Commercial - Commercial

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 4 - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
09-3.0-008-02-002-0005.00
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$26,110 CAD
  • Listing ID: 38368225

  • Date on Market: 2025-11-07

  • Last Updated:

  • Address: 506 S Main St, Charleston, MO 63834

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