For SaleFor SaleMLS# SOM60322844

322 W Madison

322 W Madison, Bolivar, MO 65613

$289,900

Type

Other

Sq Ft

1,600

Lot Size

0.82 acres

Year Built

1991

Cap Rate

N/A

Price/SqFt

N/A

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 Bldg6-10x286- 8x10#2 Bldg7- 8x101- 8x84- 10x10If you're looking for a property that combines stability, cash flow, and upside, this one checks all the boxes.

Location

Listing courtesy of Robert M Partin, Partin Roweton, LLC.

Listing information is provided by the Southern Missouri Regional MLS (SOMO) via MLS Grid and is deemed reliable but not guaranteed. Data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

© 2026 Southern Missouri Regional MLS. All rights reserved. Data last updated Sep 8, 2026, 12:22 AM.

Caleb Scott

Caleb Scott

Broker / Owner

Your information is kept private and secure.

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