$109,000
Mexico, MO 65265
MLS# 132251
3942 sqft
1 / 22
Property Description
Prime downtown investment opportunity located on the corner of Promenade and Washington in Mexico, MO. This commercial property offers strong income potential with three office spaces (120 S Washington, 117 W Promenade & 115 W Promenade), two of which are currently leased, providing immediate cash flow. The third unit is vacant, presenting an excellent opportunity for an owner-user or to increase rental income. The 120 S Washington office features a large co-working/open space at the entry, two executive offices, a small meeting room, as well as a kitchenette and private bathroom--offering a functional and flexible layout for a variety of business uses. High-visibility corner location with great exposure in a well-established downtown setting. Ideal for investors or business owners looking to expand their footprint in a growing area.
Details
Maps
General Property Description
Acres-Total Apx: 0
Lot Size: 43.4 x 90
Sq Ft Office Apx: 3942
Levels #: 2
Parking Space: 0
Util Supplier: AmerenUE
Yr Built Apx: 1910
Tot Apx Fin Sq Ft: 3942
Contract Information
Land/Lease: %
Agent Owned: No
Current Price: $109,000
List Date: 2026-04-23
List Price: $109,000
Agreement Type: Exclusive Right To Sell
Location Tax & Legal
Tax Year: 2025
Taxes Apx: 2031.5
Brief Legal: Exact legal to govern
In City Limits: No
Remarks & Misc
Public Remarks: Prime downtown investment opportunity located on the corner of Promenade and Washington in Mexico, MO. This commercial property offers strong income potential with three office spaces (120 S Washington, 117 W Promenade & 115 W Promenade), two of which are currently leased, providing immediate cash flow. The third unit is vacant, presenting an excellent opportunity for an owner-user or to increase rental income.
The 120 S Washington office features a large co-working/open space at the entry, two executive offices, a small meeting room, as well as a kitchenette and private bathroom--offering a functional and flexible layout for a variety of business uses.
High-visibility corner location with great exposure in a well-established downtown setting. Ideal for investors or business owners looking to expand their footprint in a growing area.
Directions: From S Clark, go over the bridge and turn right onto Promenade. Property is on the corner of Washington and Promenade.
Zoning
C-1: 1
Water
City: 1
Exterior Appear
Stucco: 1
Leased
Yes: 1
Sewer
Public Sewer: 1
Roof
Shingle: 1
Roof Age
Age: Unknown
Sign
No: 1
Restrictions
No: 1
Cooling
2 Unit: 1
Central Air: 1
Heat
Forced Air: 1
Natural Gas: 1
Water Heater
Electric: 1
Water Htr Gal: 30
Basement
No: 1
Will Sell
Cash: 1
Conventional: 1
Basement Features
None: 1
Internet Options
Is High Speed Internet Available?: Yes
Features Inter
None: 1
Lock Box
None: 1
Internet Type
Fiber: 1
Sale Options
For Sale Only: 1
Unit 2
Unit 2 Occupied: 1
Unit 3
Unit 3 Lease/Mo: 425
Unit 3 Occupied: 1
Location, Tax & Legal
St No: 120
St Dir: S
Street: Washington
Street Suffix: Street
Subdivision: Mexico Original
State/Province: MO
Zip: 65265
County: Audrain
Status Change Info
Status: Active
Property Features
Leased: Yes
Zoning: C-1
Exterior Appear: Stucco
Roof: Shingle
Cooling: 2 Unit; Central Air
Heat: Forced Air; Natural Gas
Sewer: Public Sewer
Water Heater: Electric
Basement: No
Basement Features: None
Features Inter: None
Lock Box: None
Sign: No
Restrictions: No
Sale Options: For Sale Only
Unit 2: Unit 2 Occupied
Unit 3: Unit 3 Occupied
Will Sell: Cash; Conventional
Internet Type: Fiber
Listing Office: CENTURY 21 PEAK, MARKING & ASSOCIATES, INC.
Last Updated: April - 24 - 2026
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