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1007 Franklin Avenue, Lexington, MO 64067
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$160,000
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Home Details for 1007 Franklin Avenue
Price
$160,000
Type
Commercial/Industrial
Year Build
1880
Sq. Ft.
2400
Lot Size
0.06
County
Lafayette
Tax
$1,366
MLS®️ Listing#
2521690
On exitrealty.com
322 days
Property Description
This versatile 3-level property at 1007 Franklin Avenue in Lexington, MO offers endless potential for the savvy investor or business owner. Located in a high-visibility area, this building boasts large, beautiful windows that overlook Franklin Avenue, providing ample natural light and excellent exposure to foot traffic.
**Main Level:**
Currently set up as a diner, the main level is a prime space for a business venture. The layout can easily be adapted for various uses, whether you’re looking to continue the diner or transform the space into a retail store, office, or service-based business. The commercial space features an open floor plan, a fully functional kitchen area, and restroom facilities, making it ready to accommodate a variety of business needs.
**Upper Level:**
The second level is configured as comfortable living quarters, making it an ideal space for the owner to live above their business, or as an AirBNB rental for added income. Alternatively, the current tenant could continue living in the space, offering an immediate income opportunity. The upper level includes cozy living areas, a kitchen, and a bathroom.
**Basement:**
The dry, walkout basement provides additional storage or potential space for further development. Its walkout access adds convenience and flexibility for future use, whether for expansion, storage, or even a workshop.
**Additional Features:**
- Large windows facing Franklin Avenue for visibility and natural light
- Ample street parking for customers and tenants
- Flexible layout for a variety of business and residential uses
- Located in a well-established area with good foot and vehicle traffic
Whether you are looking for a property that combines commercial and residential space or seeking an investment with income potential, 1007 Franklin Avenue is a must-see. Schedule your tour today and explore all the possibilities this unique building has to offer!
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- Utilities
- Service - 220v
- Water/Sewer
- House Interior
- Public Restroom
- Parking
- Other
Listing Courtesy: RE/MAX Central - 660-232-0969
Based on information submitted to the MLS GRID as of 2025-03-28 17:35:27. 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.
Last Updated: 2025-03-28 17:35:27
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