Great value-add redevelopment opportunity! This vacant, 23,166 SF free-standing building, built in 1981, on 1.62 acres. Situated along Lincoln Dr. just off of Hwy 72 in Fredericktown, this property provides a versatile canvas for investors or owner-users to reimagine and revitalize. The layout allows for a wide array of uses, making it an appealing building for those seeking a large commercial asset. With abundant space and a sturdy all-brick structure, this property presents an exceptional opportunity for investors or users looking to bring something new to the area. Don't miss out on the potential of this great location!
Centrally located in the heart of the Madison County seat's business district near Casey's General Store, Sonic, and Madison County Farm Supply.
Year Built: 1981
Building Size: 23166sq ft
Building Class: C
Lot Size: 1.62 acres
Map of 208 Lincoln Drive, Fredericktown, MO, 63645
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.