$150,000
UNDER CONTRACT

108 College Ave Licking, MO 65542

Estimated payment $874/month

Total Views 6,240
2 Beds
2 Baths
1,842 Sq Ft
$81 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Covered patio or porch

About This Home

This two-story gem boasts a versatile layout, featuring an operating restaurant on the ground floor & a charming 2-bed, 1-bath apartment on the upper level. This property's prime location, right across from Licking High School, ensures a steady stream of potential customers & tenants. It's a hotspot for students, families, & locals. The restaurant space has been thoughtfully upgraded and is a turnkey operation that is ready for your vision. The 2-bed, 1-bath apartment upstairs has many possibilities. A great location for the restaurant operators to live, or used to generate additional income as a rental.. With both a restaurant and residential unit, this property offers versatility in revenue streams. This is a rare opportunity to invest in a property that combines location, income potential, & versatility.

Listing Agent

Ryan Reagan

EXP Realty LLC License #2015041545 Listed on: 05/27/2025

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $592

Year Built

  • Built in 1937

Lot Details

  • 0.26 Acre Lot
  • Corner Lot

Interior Spaces

  • 1,842 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Carport
  • Paved Parking
  • Additional Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered patio or porch

Schools

  • Licking Elem. Elementary School
  • Licking High Middle School
  • Licking High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10-0.3-07-003-004-001.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$592

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1937
  • Directions: Take US 63 south and turn left onto College Ave. Restaurant will be on the right. Sign in yard.
  • Property Sub-Type: Single Family Residence
  • ResoLotFeatures: City Lot, Corner Lot, Level
  • Lot Size Acres: 0.26
  • Co List Office Phone: 573-4512020
  • MLS Status: Active Under Contract
  • Subdivision Name: Hayes Add
  • Above Grade Finished Sq Ft: 1842
  • Architectural Style: Other
  • Carport Y N: No
  • Unit Levels: Two
  • New Construction: No
  • Special Features: UnderContract
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Eat-in Kitchen, Kitchen/Dining Room Combo
  • Appliances: Electric Range, Refrigerator, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: No

Exterior Features

  • Disclosures: Flood Plain No, No Other Known Restrictions, Seller Property Disclosure
  • Home Warranty: No
  • Construction Type: Other
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Attached Garage: No
  • Parking Features: Additional Parking, Carport, Gravel, Off Street, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Licking Elem.
  • Junior High Dist: Licking R-VIII
  • High School: Licking High
  • Middle Or Junior School: Licking High

Lot Info

  • Development Status: Completed
  • Parcel Number: 10-0.3-07-003-004-001.01

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 592

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $592 $13,580 $0 $0
2023 $592 $13,580 $0 $0
2022 $541 $12,470 $0 $0
2021 $482 $12,470 $0 $0
2020 $482 $12,470 $0 $0
2019 $482 $12,470 $0 $0
2018 $441 $11,340 $0 $0
2017 $440 $11,340 $0 $0
2016 $439 $11,340 $0 $0
2015 -- $11,340 $0 $0
2014 -- $11,340 $0 $0
2013 -- $10,850 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2025 05/27/25 For Sale $150,000 +7.1% $81 / Sq Ft
03/20/2024 03/20/24 Sold -- -- --
02/22/2024 02/22/24 Pending -- -- --
12/04/2023 12/04/23 Price Changed $140,000 -3.4% $75 / Sq Ft
11/20/2023 11/20/23 For Sale $145,000 -- $77 / Sq Ft
Source: MARIS MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- Texas County Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Future Advance Clause Open End Mortgage
Previous Owner $92,250 New Conventional
Previous Owner $62,250 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: MARIS MLS

MLS Number: MIS25033104

MARIS MLS

APN: 10-0.3-07-003-004-001.01