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24300 Highway 5, Milan, Missouri

$425,000
Active
24300 Highway 5, Milan, Missouri
24300 Highway 5, Milan, Missouri
24300 Highway 5, Milan, Missouri
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Property Details

MLS ID: 46827
Status: Active
Price: $425,000
Acres:
Type: Commercial
Address: 24300 Highway 5
City, State: Milan, MO
County: Sullivan County
ZIP Code: 63556
SqFt: 4,480
Year Built: 1978

Description

Investors, take note! This exceptional income-producing property features a 9-unit, 4,480 sq. ft. building with the potential to generate over $5,600 per month at full occupancy. Situated on 3 acres just south of town with highway frontage, this property offers excellent visibility and easy access. Also included is a 42' x 72' outbuilding with a concrete floor and the potential for electrical service, providing endless possibilities for storage, a workshop, or future expansion. Numerous updates have been completed in recent years, including a new metal roof and metal siding, helping reduce future maintenance costs. Whether you're looking to expand your investment portfolio or purchase a property with strong income potential and room for growth, this opportunity you won't want to miss.

Chad Kenyon

Chad Kenyon

HTPR Inc.

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All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information current as of September 13, 2026 at 12:00:00 PM UTC.

Listing information provided courtesy of the Northeast Central Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: September 13, 2026 at 12:00:00 PM UTC

Listed By: North Mo Realty Llc