504 W REED ST, MOBERLY, MO 65270

$285,000

Property Type: Commercial/Indust. Square Footage: 18,827 Lot Size (sq. ft.): 9,660 Status: Closed

Current Price: $285,000 List Date: 6/03/2024 Last Modified: 10/07/2024

Overview

Description

Redevelopment project - Looking for a blank slate with plenty of history? This is the building dreams are made of. Formerly known as the Forney Furniture Building until the 1980s, this iconic structure has been a centerpiece in Moberly's historic downtown since the early 1900s. Key Features: *Solid Structure: Sturdy construction with a metal truss roof. *Spacious Interiors: Over 18,000 sq. ft. of wide open space with level hardwood floors and brick walls. *Functional Layout: Easily split into two storefronts on the main level. *Development Potential: Possibility of creating six large loft apartments on the second level. *Tax Incentives: Eligible for state and federal tax credits. **Embrace the charm and potential of this historic building and transform it into a modern masterpiece.

Supplements: Whether you're looking to create retail spaces, loft apartments, or a combination of both, this property offers endless possibilities in the heart of Moberly. Zoned B-2, central commercial district.

Listing Details MLS# 420621

Location, Tax & Legal

Area: Other County
Street No #: 504
Street Direction: W
Street: REED
Street Suffix: ST
County: Randolph
State/Province: MO
Zip Code: 65270
Mapping ID #: 10-1.0-01.0-2.0-003-047.000

General Property Description

Type: Retail
Building Status: Existing
Sq Ft Source: Listing Agent
Appx Fin Sq Ft Total #: 18827
Appx Sq Ft Retail #: 9362
Appx Sq Ft Office #: 9465
Age Description: More than 51 Yrs
Includes:: Real Estate Only
Lot Size Dimensions: 69x140
Lot Acres: 0.21
Appx Lot Size SqFt: 9660
# Stories: 2

Status Change Info

Sold Date: 2024-10-07
Under Contract Date: 2024-08-22
Status Change Date: 2024-10-07

Property Disclosure

Property Disclosure To Be Provided: Yes

Building Info

Ceiling Height: 14-16

More Information

Location Tax & Legal

Location: Other
Cross Street: 5th st
Zoning: Commercial
Actual Taxes $: 1254
Tax Yr: 2023
Legal Description: MAUGHAS ADD...MOBERLY: E� OF LOTS 18 & 19, BLOCK 1
Auction: No
Located within City of Columbia: No

Remarks & Misc

Directions: 504 W. Reed in the last block next to Coach Light Hallmark store and the post office.

Licensee Per/Int Dis

Not Applicable: Yes

Business Type

Building Trade: Yes
Business Service: Yes
Church: Yes
General Office: Yes
General Retail: Yes
Meeting Hall: Yes
Office/Showroom: Yes
Restaurant: Yes
Salon: Yes
Strip Center: Yes

Heating

Natural Gas: Yes

Equipment

Freight Elevator: Yes

Exterior Finish

Brick: Yes

Possession

At Closing: Yes

Improved Structures

Conforming Zoning: Yes

Info Available

Aerial: Yes

Road Frontage

City: Yes

Will Sell

Cash: Yes
Conventional: Yes

Location

Downtown Area: Yes

Parking Features

Street Parking: Yes

Sale Includes

Fee Simple: Yes

Property Features

Business Type: Building Trade; Business Service; Church; General Office; General Retail; Meeting Hall; Office/Showroom; Restaurant; Salon; Strip Center Exterior Finish: Brick Equipment: Freight Elevator Heating: Natural Gas Improved Structures: Conforming Zoning Info Available: Aerial Location: Downtown Area Parking Features: Street Parking Possession: At Closing Sale Includes: Fee Simple Will Sell: Cash; Conventional

Documents

aerial ›

Upper level floor plan ›

Main level floor plan ›

Loft apartment depiction ›

504 W Reed history of building ›

Listing Office: Advantage Real Estate

Listing Agent: Jane Loeber

Last Updated: October - 07 - 2024

Information deemed reliable but not guaranteed.