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1203 East Malone Ave., Sikeston, MO 63801 $224,999

Utilities: Public
Waste Management: Sewer
Zoning: commercial
Rural: No
Current Status:
Water: City
Building Type: Used as a restaurant Main bldg. 4732 st, Depot 560 st, Street frontage 140 ft, parking lot has 45 spaces, all asphalt parking lot High traffic volume
Est. Sq. Ft. (Living Space): 4800
Cooling: Central
County Taxes: 5052
Baths: 2
County: Scott
Building Size: Approx. base 5292 sf, adj. 5452 sf.
Flood Zone: No
Construction: Foundation-concrete, Frame-mason/concrete, Ceiling-acoustic drop, Interior/Exterior-painted walls

Listing courtesy of Alcorn Realty

Great remodeled commercial property. This l property is located within two blocks of the busiest intersection in Sikeston. Sitting on Malone. Avenue it enjoys a very high traffic count. Two buildings on this site. The approximate 5,300 sq. ft. Building was originally an expanded McDonalds restaurant, the smaller building in the back is being rented as a barber shop and brings in $3600 in annual rents.
This tract is priced incredibly cheap. Vacant land on Malone avenue in less desirable locations has recently sold for greater prices.

Owner has in the past two months spent thousands remodeling the building, removing restaurant equipment, removing insulation and installing new suspended ceiling, painting the entire exterior, covering outside soffit areas with metal and installing modern LED exterior lighting. Interior has had back area extensively refurbished.
Building features wide open areas that can be readily modified to become a professional building or bank.

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