$365,000

204 E Walnut Street, Raymore, MO 64083

About This Property

Awesome opportunity for 1.36 acres on Raymore's main commercial corridor! This turnkey investment is already producing income, with the potential to make much more! At the front of the property sits a recently remodeled 3 bed 2 bath ranch bungalow that is currently occupied by tenants who have been there for two years and would love to stay more. In the middle of the property we have more tenants who pay for the gravel parking. Currently there are 10 gravel lots, 5 of which are occupied, with interest shown in 2 more. All gravel lots are on a month to month lease and can be vacated by the new owner. Next to the gravel lots are the storage bays: one single and two doubles. All three bays are rented out on a monthly basis as well and can also be vacated. Lastly is the hidden gem of the property. The back lot. This is a .42 acre parcel included with the front property. Not only is this a blank slate for you, it also provides a second entrance. This piece is the under utilized part of the property and holds so many possibilities! More storage bays... a house... a duplex... a place to park equipment for your business... the only limit is your vision! The rare blend of in town acreage, rental income, and untapped potential make this a must have for any portfolio! Properties like this don't come around often, so book your showing with the listing agent before this one slips away!

Features & Details

Schools

District: Raymore-Peculiar