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Listed by Greg Freeman • Century 21 Team Elite
$ 325,000
Est. payment /mo
New
52268-A Business Highway 5 N/A Milan, MO 63556
8.23 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2553750
Year Built 1968
Annual Tax Amount $1,559
Lot Size 8.230 Acres
Acres 8.23
Property Sub-Type Retail
Source hmls
Property Description
8.23 Acres of Prime Commercial Property at High-Traffic Intersection – Endless Development Potential
Seize this rare opportunity to own a versatile commercial property located at the highly visible intersection of State Highway 5 and Business Highway 5. This property features a prior service station building with two service bays, offering immediate potential for automotive, retail, or service-related businesses.
The spacious lot provides ample room for expansion or redevelopment, making it ideal for storage units, office space, retail, or mixed-use development. With a new recreational lake slated for construction in the area within the next few years, this location is poised for growth, offering significant investment potential.
Key Highlights:
• Strategic Corner Location: High visibility and traffic count ensure maximum exposure.
• Flexible Zoning: Suitable for both commercial and residential development.
• Future Growth Area: The upcoming lake will drive tourism, recreation, and increased demand for services and amenities.
• Limitless Possibilities: Perfect for retail, office building, storage units, or multi-use projects. City utilities on-site.
Whether you're seeking to launch a business, develop income-generating properties, or secure a prime location for future appreciation, this property offers unmatched potential in a growing market. Don't miss out on this exceptional investment opportunity!
Interested in just the land? This property is offered in several different combinations to accommodate any potential buyer's needs.
Seize this rare opportunity to own a versatile commercial property located at the highly visible intersection of State Highway 5 and Business Highway 5. This property features a prior service station building with two service bays, offering immediate potential for automotive, retail, or service-related businesses.
The spacious lot provides ample room for expansion or redevelopment, making it ideal for storage units, office space, retail, or mixed-use development. With a new recreational lake slated for construction in the area within the next few years, this location is poised for growth, offering significant investment potential.
Key Highlights:
• Strategic Corner Location: High visibility and traffic count ensure maximum exposure.
• Flexible Zoning: Suitable for both commercial and residential development.
• Future Growth Area: The upcoming lake will drive tourism, recreation, and increased demand for services and amenities.
• Limitless Possibilities: Perfect for retail, office building, storage units, or multi-use projects. City utilities on-site.
Whether you're seeking to launch a business, develop income-generating properties, or secure a prime location for future appreciation, this property offers unmatched potential in a growing market. Don't miss out on this exceptional investment opportunity!
Interested in just the land? This property is offered in several different combinations to accommodate any potential buyer's needs.
Location
State MO
County Sullivan
Zoning UNK
Interior
Interior Features Storage
Fireplace N
Exterior
Exterior Feature Delivery Door(s)
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Building
Story 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
