Own a piece of Richmond history with this exceptional commercial opportunity in the heart of downtown!
$199,000

#gpc2638066 — Commercial

102 S Thornton Street
Richmond, MO  64085  (Ray County)

Originally built in 1880 as the Exchange Bank, this historic building has been thoughtfully converted into three business spaces, with current rental income of $2,000 per month and the potential to reach approximately $2,600 with the existing vacancy filled. But the opportunity doesn’t stop there! There is significant additional space available to develop and create even more income-producing areas. The entire upstairs is currently a blank canvas and was once used as apartments, offering endless possibilities for additional business or rental space. The expansive backside of the building features a large open area with beautiful exposed brick walls, just waiting to be transformed and updated to match the existing spaces. With solid tenants who plan to be here for the long haul, existing income, historic character, and substantial untapped square footage, this property offers both immediate investment potential and room to grow. Located right in the heart of downtown Richmond, this is a rare opportunity to own a piece of local history while creating your own vision for the future. The possibilities are truly endless!