322 West Madison Street, Bolivar, MO 65613

New Listing
$289,900
Property Type: Commercial-All Types Baths: 2 Square Footage: 1,600 Lot Size (sq. ft.): 35,719 Status: Active
Current Price: $289,900 List Date: 5/07/2026 Last Modified: 5/07/2026

Description

This versatile investment property offers immediate income and long-term upside, all tucked into a quiet residential setting near Cribbs Park and local school. The property features a mixed-use complex that includes a duplex, a commercial warehouse, and 24 storage units, generating multiple revenue streams from day one. Currently, the duplex, warehouse, and storage units are all leased, with storage running at approximately 90% occupancy. This strong in-place income allows the property to cash flow immediately upon purchase, making it an attractive option for both seasoned investors and those looking to step into a stabilized asset. Beyond the existing performance, there is clear value-add potential. Increase rents to market rates, expand the storage footprint with additional units, or reposition the property entirely to fit a new business model. The flexible layout and location within a growing residential area provide multiple paths to maximize returns. storage unit sizes #1 Bldg 6-10x28 6- 8x10 #2 Bldg 7- 8x10 1- 8x8 4- 10x10 If you're looking for a property that combines stability, cash flow, and upside, this one checks all the boxes.

More Information MLS# 60322844

Contract Information

Construction Status: Existing Transaction Type: Sale List Price/SqFt: 181.19 Foreclosure/Short Sale: No Property Sub-Type: Other Begin Date: 2026-05-06 List Price: $289,900 Agreement Type: Exclusive Right To Sell

Location, Tax and Other Information

Inside City Limits: Yes RE Tax Provided By: Assessor Records

General Property Description

SqFt - Vacant: 0 SqFt - Office Space: 196 SqFt - Retail Space: 2048 SqFt - Warehouse: 1992 Waterfront/View: None Lake/River: None Baths - Total: 2 Total SqFt: 1600 Aprx Year Built: 1991 Aprx Lot Size (Acres): 0.82 Lot Dimensions: Acres

Listing Info

Owner Agent: No

Business Type

Apartments: 1 Automotive Related: 1 Business Service: 1 Mini-Storage: 1 Office: 1 Retail: 1 Warehouse: 1

Cooling

Window Units: 1

Parking

1-5 Spaces: 1 Gravel: 1 Parking Area: 1 Private Drive: 1 Shared Drive: 1

Roof

Composition: 1 Metal: 1

Utilities Available

Electric: 1 Public Sewer: 1 Public Water: 1

Lot Description

Level: 1

Location Tax and Other Information

Street #: 322 Street Direction: West Street Name/Route: Madison Suffix: Street County: Polk State/Province: MO Zip Code: 65613 Parcel ID: 89110111001001006000 Real Estate Tax: 1384.1 Tax Year: 2025 Legal Description: TBD by Deed

Remarks Misc

Directions: From Bolivar quare, Broadway to Clark, left onto clark, Left onto Madison

Status Change Info

Status: Active

Property Features

Business Type: Apartments; Automotive Related; Business Service; Mini-Storage; Office; Retail; Warehouse Cooling: Window Units Parking: 1-5 Spaces; Gravel; Parking Area; Private Drive; Shared Drive Roof: Composition; Metal Utilities Available: Electric; Public Sewer; Public Water Lot Description: Level
Listing Office: Partin Roweton, LLC
IDX
Last Updated: May - 07 - 2026
Data relating to real estate for sale on this web page comes in part from the Internet Data Exchange (IDX) of the Southern Missouri Regional MLS, LLC, Inc. Real estate listings held by Brokerage firms other than the website owner are marked with the IDX logo and detailed information about them includes the name of the listing Brokers. The information being provided is not guaranteed and should be verified by the consumer and is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers wish to purchase. Any representation that a web site contains all listings shall only mean that the web site contain all listing available to the public through the IDX data feed and other available properties may not be displayed on this site. © 2023 Southern Missouri Regional MLS, LLC All rights reserved.

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