614 Washington Street, Chillicothe, MO 64601

$155,900

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List Price
$155,900
Price Change
▼ $4,000 1783623391
MLS#
2616533
Status
ACTIVE
Type
Multifamily
Lot Size
4,356
Acres
0.10

Property Description

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.

Additional Information

Year Built
1900
Interior Features
Elevator
Exterior Features
Delivery Door(s)
Taxes
$2,773
Zoning
C2

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Calculator source: Real Geeks

Listing courtesy of Bobbi Meneely of RE/MAX Town and Country.

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