14 Nolan Drive Eldon, MO 65026 $575,000
HIGH YIELD COMMERCIAL WAREHOUSE INVESTMENT PROPERTY Secure a cash flowing industrial asset in a prime commercial corridor. This massive 60x120 engineered building is strategically split into a 2 unit commercial shop layout, offering an ideal setup for an investor or an owner user looking to subsidize their overhead immediately. The first unit is a proven revenue generator, currently leased at 3500 dollars per month on a strong 1.5 year term. The tenant has invested an additional $60000 dollars in premium interior build out, anchors their commitment to the site and instantly elevating the property value. The second unit is currently owner occupied for storage but will be delivered vacant, offering immediate lease up potential to double your rental income or providing the perfect turnkey operational space for your own business. Designed for maximum efficiency and low overhead, the property features a shared well and septic system to keep monthly maintenance costs at an absolute minimum. With heavy duty construction, high clearance bays, and dual tenant capability, this versatile commercial tract is built to perform. Add this high yield powerhouse to your portfolio today!
Hoa: No
Building Area Total: 7200
Year Built: 2023
Construction Materials: MetalFrame, MetalSiding
Cooling: Yes
Acres: 0.80
Lot Size: 200.19x176.17
Lotsize Area: 0.80
Lot Size Units: Acres
Lot Features: OutsideCityLimits
County: Miller
Parcel Number: 037026000000024006
Road Surface Type: Gravel
Possible Use: Commercial, Other
Business Type: ProfessionalService, Warehouse
Tax Year: 2025
Tax Amount Annual: 4380
Tax Legal Description: TRACT 7 - PART SE4 SW4 Full legal to govern
Utilities: ElectricityAvailable, SewerAva
Sewer: SharedSeptic
Heating: Yes
Cool System: Ductless
Heating: Ductless
Water Source: SharedWell