403 BroadwayHannibal, MO 63401

Description

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. 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. 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, café, 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. 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.

Property Information

Property type

Residential

Sub-type

Single Family Residence

Style

Apartment Style

Year built

1866

Living area

3,772 Sq Ft

Lot size

0.06 acres

Days on market

212

MLS^® Listing#

26013122

Property Features

Cooling

Central Air

Heating

Forced Air

Construction

Brick · Stone

Utilities

Water Connected

Sewer

Public Sewer

Water source

Public

Schools

Elementary

A. D. Stowell Elem.

Middle

Hannibal Middle

High

Hannibal Sr. High

Financial Details

HOA

None

Annual taxes

$2,069Tax year 2025

Parcel number

010.08.28.2.27.001.000