118-120 E Morrison St,FAYETTE, MO 65248
FAYETTE, MO 65248
Description
Come see one of Fayette's most beautifully constructed two-story buildings. This turnkey and fully occupied all brick building is located on the main square in Fayette, MO. Offering an exceptional opportunity for investors or owner-operators. Built in 1900 and thoughtfully restored in recent years, this asset known to its current owner as "Fayette Square" combines historic character with modern functionality. The property features two spacious ground-floor commercial spaces with direct street-front access, large display windows with ornate glasswork, and impressive high ceilings accented by detailed crown molding. Above each commercial unit are two generously sized residential apartments, each exceeding 1,600 square feet, both having very high ceilings throughout. One apartment offers 3 bedrooms and 2 full bathrooms, including walk-in showers and a large jacuzzi tub. The second apartment includes 2 bedrooms and 2 full bathrooms with shower/tub combinations. This solid, well-maintained building is ready for immediate use and presents a strong income-producing asset with very little owner-paid expense in a prime downtown location.
Details
| MLS # | 435696 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Year | 1900 |
| Days On Site | 96 |
| Listing Provided By | JCRP Management, LLC | John Curry |
Features
| SQ Feet | 6,642 |
|---|---|
| Basement | Y |
| Units | 4 |
| Acreage | 0.11 |
Interior
| Heating | Forced Air, Electric |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Electric, Central Electric |
| Cooling Yes / No | Yes |
Exterior
| Foundation Details | Brick/Mortar, Poured Concrete, Slab |
|---|
Taxes
| Tax Annual Amount | 2185 |
|---|---|
| Tax Legal Description | 7073-00 LOT 76 ORIG TWN |
| Tax Year | 2025 |
Area Information
| State | MO |
|---|---|
| County | Howard |
| City | FAYETTE |
| Zip Code | 65248 |
| Area | Other County |
| Subarea | Other County |
| Community Name | FAYETTE |
| School District | Fayette |
| Elementary School | Fayette |
| High School | Fayette |
| Listing VS Median (in FAYETTE) | |
Price: $290,000 low | high Med: $205,000 sqft: 6,642 low | high Med: 1,791 $ / sqft: $44 low | high Med: $117 On site: 96 low | high Med: 81.5 | |
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Learn More About This Property
| State | MO |
|---|---|
| County | Howard |
| City | FAYETTE |
| Zip Code | 65248 |
| Area | Other County |
| Subarea | Other County |
| Community Name | FAYETTE |
| School District | Fayette |
| Elementary School | Fayette |
| High School | Fayette |
| Listing VS Median (in FAYETTE) | |
Price: $290,000 low | high Med: $205,000 sqft: 6,642 low | high Med: 1,791 $ / sqft: $44 low | high Med: $117 On site: 96 low | high Med: 81.5 | |
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