$289,900

322 W Madison Street, Bolivar MO, 65613

Price per sqft$181.19

Built in1991

Property size1,600 sqft

Property typeCommercial

Courtesy of Partin Roweton, LLC, Robert M Partin Listing Contact:

Overview

Active

Listed May 6, 2026

Updated Jun 9

This versatile investment property offers immediate income and long-term upside, all tucked into a quiet residential setting near Cribbs Park and local school. The property features a mixed-use complex that includes a duplex, a commercial warehouse, and 24 storage units, generating multiple revenue streams from day one.Currently, the duplex, warehouse, and storage units are all leased, with storage running at approximately 90% occupancy. This strong in-place income allows the property to cash flow immediately upon purchase, making it an attractive option for both seasoned investors and those looking to step into a stabilized asset.Beyond the existing performance, there is clear value-add potential. Increase rents to market rates, expand the storage footprint with additional units, or reposition the property entirely to fit a new business model. The flexible layout and location within a growing residential area provide multiple paths to maximize returns.storage unit sizes #1 Bldg6-10x286- 8x10#2 Bldg7- 8x101- 8x84- 10x10If you're looking for a property that combines stability, cash flow, and upside, this one checks all the boxes.

Additional information

MLS^® ID: 60322844

Interior Features

Bathrooms: 2
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.82 Acres

Other Property Details

Taxes: $1,384
Tax Frequency: Annually

Listings courtesy of MO - Southern Missouri Regional MLS (SMRMLS) as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 2:45 PM UTC on 6/9/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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