Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Stucco

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.154

  • Lot Size(square feet)

    6,708

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $295,000

  • Tax Amount

    $3,801

  • Sq. Footage

    3,880

  • Price/SqFt

    $76

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Ownership

    Private

  • Water Source

    Public

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Location

County

Marion

Elementary School

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Listing Courtesy of Lisa Kairy , Prestige Realty, Inc

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Excellent opportunity to own a well-maintained commercial building offering approximately 3,880 square feet in a highly visible Broadway location. Situated on a corner lot, this property features attractive stucco and brick construction with convenient off-street parking in the rear. The building is thoughtfully divided into two separate office suites, making it ideal for an owner-occupant who wants to operate their business on one side while generating rental income from the other—or easily utilize the entire building for one business. A glass vestibule provides access to both suites through separate entrances. Suite 1 features a spacious open work area with a front reception/counter space and 2 private offices. Suite 2 includes a front room and 3 private offices. The rear of the building offers a shared kitchenette with cabinets and refrigerator, a half bath, and separate a conference room. An interior hallway connects both sides, allowing the shared spaces to be accessed from either suite.
Additional features include 2 storage rooms, one of which is a secure bank vault, plus a rear entrance providing easy access from the off-street parking. Major updates include a new roof in 2023 with transferable warranty, and the HVAC systems have been updated in recent years. Suite 1 has fresh paint and flooring. This flexible, move-in-ready property offers endless possibilities for professional offices, accounting, administrative, financial, or other commercial uses. Tenant in Suite 2 is scheduled to move in September.

714 Broadway

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Located in the heart of historic downtown Hannibal, 403 Broadway presents an excellent mixed-use investment or owner-occupant opportunity. This versatile property features two upper-level residential apartments and a flexible commercial space on the main floor, offering the potential for multiple income streams. On the main level, the commercial space offers an open floor plan ready to suit a variety of uses. Whether you envision a retail storefront, cafĆ©, office, studio, or boutique, this space provides the flexibility to bring your vision to life. It is currently vacant and ready to be leased for additional income or customized for an owner’s business needs. With strong street frontage on Broadway, the property enjoys excellent visibility and convenient access to downtown shops, restaurants, and local attractions.
The upper levels include two separate apartments, both currently occupied by dependable, income-producing tenants, providing immediate cash flow from day one. The second-floor unit offers a two-bedroom, two full bathroom layout, providing strong rental appeal and functional living space. The third-floor unit features a spacious one-bedroom, two-bathroom layout with balcony access off the back—perfect for enjoying a private outdoor space. The kitchen is highlighted by a large quartz island with additional storage, overlooking the open living and dining area to create a functional and inviting layout. The third-floor unit also includes a tile walk-in shower and a soaking tub, adding a touch of comfort and luxury. Both apartments are equipped with in-unit laundry, increasing convenience and tenant desirability.
With built-in rental income, commercial flexibility, and a prime location in one of Hannibal’s most recognizable downtown corridors, 403 Broadway is a strong opportunity for investors, entrepreneurs, or anyone looking to be part of the city’s vibrant business community.
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None Baths

N/A

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