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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
Last Updated: May - 07 - 2026
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