Hannibal, MO 63401 201 N Third Street

201 N Third Street Hannibal, MO - Image 1201 N Third Street Hannibal, MO - Image 2201 N Third Street Hannibal, MO - Image 3
24 more
201 N Third Street Hannibal, MO - Image 4201 N Third Street Hannibal, MO - Image 5201 N Third Street Hannibal, MO - Image 6201 N Third Street Hannibal, MO - Image 7201 N Third Street Hannibal, MO - Image 8201 N Third Street Hannibal, MO - Image 9201 N Third Street Hannibal, MO - Image 10201 N Third Street Hannibal, MO - Image 11201 N Third Street Hannibal, MO - Image 12201 N Third Street Hannibal, MO - Image 13201 N Third Street Hannibal, MO - Image 14201 N Third Street Hannibal, MO - Image 15201 N Third Street Hannibal, MO - Image 16201 N Third Street Hannibal, MO - Image 17201 N Third Street Hannibal, MO - Image 18201 N Third Street Hannibal, MO - Image 19201 N Third Street Hannibal, MO - Image 20201 N Third Street Hannibal, MO - Image 21201 N Third Street Hannibal, MO - Image 22201 N Third Street Hannibal, MO - Image 23201 N Third Street Hannibal, MO - Image 24201 N Third Street Hannibal, MO - Image 25201 N Third Street Hannibal, MO - Image 26201 N Third Street Hannibal, MO - Image 27201 N Third Street Hannibal, MO - Image 28
Presented By: Ravenscraft Realty
  • MLS# 25001322
  • 01/13/2025
  • Request Tour
  • Request Info
  • SQFT • 13,824

Home Details

Nestled in the heart of Hannibal’s vibrant historic district, this stunning three-story office building at 201 N Third and the accompanying building at 308 Center (bonus Sq Ft of 2300), is a rare gem offering charm and functionality. These buildings on the historic registry, boasting a timeless brick facade and classic architectural details, are suited for businesses seeking a prestigious and unique setting. The spacious layout and 12 offices throughout are all under current leases, with a cap rate of 6.5. This versatile setting allows for a mix of professional services. The prime location offers dining, shopping, high visibility and easy access in Hannibal’s bustling downtown district. The HVAC, electrical systems and roof have all been updated. There is a regular service agreement in place for the elevator system. This building also includes ample storage, private restrooms on each floor and common areas. Seize this opportunity to own a piece of Hannibal’s history today! Location: Downtown
Presented By: Ravenscraft Realty

Interior Features for 201 N Third Street

Bedrooms

Total Bedrooms

Bathrooms

Half Baths0
Total Baths

Other Interior Features

LivingAreaSourceAppraiser
Above Grade Finished Area13824
Above Grade Finished Area SourceAppraiser
Above Grade Finished Area Unit TypeSquare Feet
Basement (Y/N)No
Fireplace Y/NNo
Interior AmenitiesElevator
Total Stories3

General for 201 N Third Street

Building FeaturesBathrooms, Signage
Carport Y/NNo
CityHannibal
Construction MaterialsOther, Brick
CoolingCentral Air, Electric
CountyMarion
Current UseOffice
DisclosuresUnknown
Electric220 Volts
Full Baths
Garage Y/NNo
Gross Income104700
HeatingElectric, Natural Gas, Forced Air
Legal DescriptionSUBD: O.T., BLK 18, ALL LOTS 1 & 2 DIM: DEED-131 X 142
Lot Size Square Feet18600
Lot Size UnitsAcres
MLS Area533 – Hannibal
ModificationTimestamp2025-06-02T19:52:38.514Z
Net Operating Income55833
New ConstructionNo
Ok to Lease12 Months
Operating Expense48867
PossessionClose Of Escrow
Possible UseProfessional/Office
Property ConditionUpdated/Remodeled
Property SubtypeUnimproved Land
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameHannibal Historic District
Tax Annual Amount6747
Tax Year2023
TownshipHannibal
UtilitiesCable Available, Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available
Year Built1885

Exterior for 201 N Third Street

InclusionsBuilding, Land, Business
Lot Dimensions18602
Lot Size Acres0.427
Lot Size Area0.43
Lot Size SourceAppraiser
Number of Buildings2
Parking FeaturesConcrete, Driveway, Open, Parking Lot
Road Frontage TypeAlley, City Street
Total Parking0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Craig Ziegel

Realtor
Price $699,000
MLS#25001322
List Date 01/13/2025
Property Type Commercial
Request Tour
Request Info
Visit My Website

Similar Properties to 201 N Third Street