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120 S Washington Street, Mexico, MO 65265

New Listing
$109,000
Property Type: Commercial Square Footage: 3,942 Status: Active
Current Price: $109,000 List Date: 4/23/2026 Last Modified: 4/24/2026

Description

Prime downtown investment opportunity located on the corner of Promenade and Washington in Mexico, MO. This commercial property offers strong income potential with three office spaces (120 S Washington, 117 W Promenade & 115 W Promenade), two of which are currently leased, providing immediate cash flow. The third unit is vacant, presenting an excellent opportunity for an owner-user or to increase rental income. The 120 S Washington office features a large co-working/open space at the entry, two executive offices, a small meeting room, as well as a kitchenette and private bathroom--offering a functional and flexible layout for a variety of business uses. High-visibility corner location with great exposure in a well-established downtown setting. Ideal for investors or business owners looking to expand their footprint in a growing area.

More Information MLS# 132251

General Property Description

Acres-Total Apx: 0 Lot Size: 43.4 x 90 Sq Ft Office Apx: 3942 Levels #: 2 Parking Space: 0 Util Supplier: AmerenUE Yr Built Apx: 1910 Tot Apx Fin Sq Ft: 3942

Contract Information

Land/Lease: % Agent Owned: No Current Price: $109,000 List Date: 2026-04-23 List Price: $109,000 Agreement Type: Exclusive Right To Sell

Location Tax & Legal

Tax Year: 2025 Taxes Apx: 2031.5 Brief Legal: Exact legal to govern In City Limits: No

Remarks & Misc

Public Remarks: Prime downtown investment opportunity located on the corner of Promenade and Washington in Mexico, MO. This commercial property offers strong income potential with three office spaces (120 S Washington, 117 W Promenade & 115 W Promenade), two of which are currently leased, providing immediate cash flow. The third unit is vacant, presenting an excellent opportunity for an owner-user or to increase rental income. The 120 S Washington office features a large co-working/open space at the entry, two executive offices, a small meeting room, as well as a kitchenette and private bathroom--offering a functional and flexible layout for a variety of business uses. High-visibility corner location with great exposure in a well-established downtown setting. Ideal for investors or business owners looking to expand their footprint in a growing area. Directions: From S Clark, go over the bridge and turn right onto Promenade. Property is on the corner of Washington and Promenade.

Zoning

C-1: 1

Water

City: 1

Exterior Appear

Stucco: 1

Leased

Yes: 1

Sewer

Public Sewer: 1

Roof

Shingle: 1

Roof Age

Age: Unknown

Sign

No: 1

Restrictions

No: 1

Cooling

2 Unit: 1 Central Air: 1

Heat

Forced Air: 1 Natural Gas: 1

Water Heater

Electric: 1 Water Htr Gal: 30

Basement

No: 1

Will Sell

Cash: 1 Conventional: 1

Basement Features

None: 1

Internet Options

Is High Speed Internet Available?: Yes

Features Inter

None: 1

Lock Box

None: 1

Internet Type

Fiber: 1

Sale Options

For Sale Only: 1

Unit 2

Unit 2 Occupied: 1

Unit 3

Unit 3 Lease/Mo: 425 Unit 3 Occupied: 1

Location, Tax & Legal

St No: 120 St Dir: S Street: Washington Street Suffix: Street Subdivision: Mexico Original State/Province: MO Zip: 65265 County: Audrain

Status Change Info

Status: Active

Property Features

Leased: Yes Zoning: C-1 Exterior Appear: Stucco Roof: Shingle Cooling: 2 Unit; Central Air Heat: Forced Air; Natural Gas Sewer: Public Sewer Water Heater: Electric Basement: No Basement Features: None Features Inter: None Lock Box: None Sign: No Restrictions: No Sale Options: For Sale Only Unit 2: Unit 2 Occupied Unit 3: Unit 3 Occupied Will Sell: Cash; Conventional Internet Type: Fiber
Listing Office: CENTURY 21 PEAK, MARKING & ASSOCIATES, INC.
Last Updated: April - 24 - 2026
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