Located in the heart of historic downtown Hannibal, 403 Broadway presents an excellent mixed-use investment or owner-occupant opportunity. This versatile property features two upper-level residential apartments and a flexible commercial space on the main floor, offering the potential for multiple income streams. The upper levels include two separate apartments, both currently occupied by dependable, income-producing tenants, providing immediate cash flow from day one. The second-floor unit offers a two-bedroom, two full bathroom layout, providing strong rental appeal and functional living space. The third-floor unit features a spacious one-bedroom, two-bathroom layout with balcony access off the back—perfect for enjoying a private outdoor space. The kitchen is highlighted by a large quartz island with additional storage, overlooking the open living and dining area to create a functional and inviting layout. The third-floor unit also includes a tile walk-in shower and a soaking tub, adding a touch of comfort and luxury. Both apartments are equipped with in-unit laundry, increasing convenience and tenant desirability. On the main level, the commercial space offers an open floor plan ready to suit a variety of uses. Whether you envision a retail storefront, café, office, studio, or boutique, this space provides the flexibility to bring your vision to life. It is currently vacant and ready to be leased for additional income or customized for an owner’s business needs. With strong street frontage on Broadway, the property enjoys excellent visibility and convenient access to downtown shops, restaurants, and local attractions. With built-in rental income, commercial flexibility, and a prime location in one of Hannibal’s most recognizable downtown corridors, 403 Broadway is a strong opportunity for investors, entrepreneurs, or anyone looking to be part of the city’s vibrant business community.
Based on the average sale price from the Columbia, MO office
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
403 Broadway Hannibal, MO is a Single Family Home for sale at $329000 with 3772 sqft and a lot size of 0.061 Acres Acre(s). 403 Broadway Hannibal has 3 bedrooms, 2 baths and was built in 1866. The property's zip code is 63401 which is in Hannibal, MO
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Mortgage calculator provided courtesy of Inside Real Estate.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.