28 Wallace Ranch Road, Theodosia, MO 65761 (MLS# 60320887)

Commercial Investment Property with Home & Expansion Land Near Bull Shoals Lake! Exceptional income-producing property offering multiple revenue streams and outstanding growth potential. This unique opportunity includes a leased commercial building generating steady rental income, a separate residential home that can be owner-occupied, rented long-term, or operated as a short-term vacation rental/Airbnb, plus additional cleared acreage ready for expansion. Located on a highly visible main roadway just minutes from Bull Shoals Lake, this property offers excellent accessibility and exposure. The open, cleared land provides opportunities for additional homes, cabins, storage units, commercial development, or other income-producing ventures. Whether you're seeking an absentee investment property with established revenue, a live-work opportunity, or a property with room for future development, this versatile offering checks all the boxes. Property Highlights include: Leased commercial building providing rental income, separate residential home for owner occupancy, rental, or Airbnb use., strong income potential from multiple sources, Additional cleared acreage for expansion or new construction, High-visibility location on a main road, Minutes from Bull Shoals Lake and recreational attractions, Ideal for investors or owner-operators, Opportunity for future development and increased revenue. A rare chance to own a versatile investment property with immediate income and significant upside potential. Come take a look today!