403 Broadway

Hannibal, MO 63401

About this property

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 backperfect 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.

About this property

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 backperfect 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.

Features and Additional Information

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$329,000 Active
3 Bed(s)
5
Baths
3,772 sqft

Presented By Iron Gate Real Estate

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Get in touch today! Phone: 1-573-777-5001
Brokerage
Christal Property Group, LLC
1-573-600-9725
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Area Information

Hannibal | Marion County | City/Hannibal

$ 329,000
This listing is play_arrow 20.1% higher than the average in the area
$ 274,000 in the area
3,772 SqFt
This listing is play_arrow 19.3% larger than the average in the area
3,162 SqFt in the area
$ 87 $/SqFt
This listing is play_arrow 0.7% more than the average in the area
$ 87 $/SqFt in the area
197 days on site
This listing is play_arrow 380.5% above the average in the area
41 days on site in the area

Schools in the Area

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    Elementary School
    A. D. Stowell Elem.
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    Middle School
    Hannibal Middle
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    High School
    Hannibal Sr. High

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Listed By Rickelle Pimentel
Brokerage: Christal Property Group, LLC

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