MO > Aurora > Lawrence-Not In List
Aurora, MO 65605,118 120 Madison
Aurora, MO 65605,118 120 Madison
Aurora, MO 65605,118 120 Madison
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$399,900
Est. payment /mo
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6 BA
5,227 Sqft Lot
Active

118 120 Madison Aurora, MO 65605

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Ethan Ives

Ethan Ives

+1(417) 860-4670

UPDATED:

12/19/2024 08:59 PM

Key Details

Property Type Commercial

Sub Type Hospitality

Listing Status Active

Purchase Type For Sale

Subdivision Lawrence-Not In List

MLS Listing ID SOM60275752

Full Baths 6

Originating Board somo

Year Built 1919

Annual Tax Amount $3,435

Tax Year 2023

Lot Size 5,227 Sqft

Acres 0.12

Lot Dimensions 58X90

Property Sub-Type Hospitality

Property Description

Discover a vibrant commercial opportunity nestled in the heart of Aurora at this historic property boasting exceptional potential. Available for sale, this venue presents a sweeping 7,100 square feet of versatile space across 2 buildings built in 1919, blending the charm of yesteryear with modern functionality.This splendid property welcomes you with four one bedroom beautifully furnished apartments that cater perfectly to short-term rental ventures like Air BnB or long-term residential leasing. Each apartment is thoughtfully designed to ensure comfort and style. The space is also an ideal fit for developing an event center that could host a variety of gatherings, from elegant weddings to professional seminars.Noteworthy features include a recently installed roof, ensuring practical upkeep. The expansive interiors comprise inviting studio apartments, each equipped with large walk in showers, enhancing the experience with a touch of luxury provided by sumptuous Jacuzzis.The strategic location further elevates the property's appeal. Situated within Aurora's vibrant downtown area, future patrons or residents can explore local treasures like The Garden Exchange Downtown and enjoy leisurely afternoons at Oak Park. This property is not only a treasure trove of historic aesthetics but also a beacon of potential for generating multiple income streams. Whether your vision includes revitalizing it as a swank hotspot for special occasions, housing bustling rental income properties, or a cozy yet chic series of Air BnB spots - the possibilities are merely as limited as your imagination, certainly something to muse about(!)The rich features, coupled with its prime location, make this an unmatched opportunity in Aurora - a canvas awaiting your entrepreneurial brushstrokes. We invite you to realize its potential and sculpt a prosperous future within its historic walls.

Location

State MO

County Lawrence

Area 7100

Direction From the intersection of Church and Elliott go north on Elliott to Olive. Turn left on Olive and go to Madison. Turn left on Madison one block to the property on the left.

Interior

Fireplace No

Exterior

Parking Features On Street, 1-5 Spaces

Waterfront Description None

Others

Miscellaneous Living Area in Building,Smoke Detectors,Private Restrooms,Jetted Tub,Fixtures/Furniture,Delivery Door(s)

Listed by Aaron Hilton Century 21 Family Tree

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agent

Ethan Ives

MANAGER | REALTOR® | License ID: 2014009178

+1(417) 860-4670

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118 120 Madison