614 Washington Street, Chillicothe, MO 64601
sale
$159,900
|
Other
Courtesy Of RE/MAX Town & Country
Historic Downtown Investment Opportunity Rare chance to own a 13,440 sq ft, three-story commercial building overlooking the vibrant downtown city square in Chillicothe. This versatile mixed-use property offers immediate income potential with 7 occupied office/retail spaces on the main level, providing established cash flow from day one. The second and third floors feature expansive unfinished open spaces ready for redevelopment and customization. Endless possibilities include: event venue or entertainment space, large-format retail or showroom, indoor storage units, creative loft offices or coworking space, multi-unit residential apartments or mixed-use housing, boutique hotel or short-term rental concept. With prominent visibility, strong downtown presence, and flexible zoning potential, this property is ideal for investors, developers, or entrepreneurs seeking a value-add opportunity in a growing community. Positioned in the heart of downtown Chillicothe, this landmark building combines historic charm, income-producing tenants, and significant upside potential.
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Property Features
- Age: Over 50 Years Old
- Amenities: Elevaor
- Amenities: Disabled Access
- Floors: 3
- Legal Description: SECTION: 36 TOWNSHIP: 58 RANGE: 24 LEGAL: ORIGINAL SURVEY N 40' OF LOT 4, BLK 31
- MLSID: 2616533
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