100 W 10th Street

About This Property

COMMERCIAL INVESTMENT PROPERTY in high traffic, downtown location with long term lease history by the US Government as the Armed Forces Career Center (Recruiting Station) including private parking with 13 spaces, four office suites, a common back hallway with secure access door, three restrooms, a janitor's work room including sink, and storage. In the past 7 years there have been HVAC upgrades, new carpet and paint in offices, new exterior doors, new stools, sinks, vinyl, ceramic tile, and paint in the common area bathrooms, new ceiling tiles, lighting, etc. Gross yearly income to the owner is $33,200 and there are 4 years left of a 5 year lease. Owner is responsible for taxes, insurance and equipment maintenance. Tenant pays all utilities and reimburses for the upgrades they request.

Spring-fed float streams and grazing ridges near the Meramec headwaters

Phelps County lies on the northern edge of the Ozark Plateau, where clear headwater streams like the Little Piney and the upper Meramec cut through wooded hills and gravel-bottom valleys. The land is classic Ozark country: oak-hickory timber and shortleaf pine over thin, rocky soils that favor pasture, hay, and cattle over intensive farming. Recreational buyers are drawn to the cold, spring-fed float water and the deer and turkey that thrive in the ridge-and-hollow terrain. With Mark Twain National Forest nearby and the university town of Rolla as a regional hub, tracts here balance working ground with strong recreational appeal. It is solid country for a cattle operation, a timbered hunting parcel, or a stream-side retreat.

Location