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.
Active under contract
Street View
$150,000
108 College Ave, Licking, MO 65542
2beds
1,842sqft
Est.:
Single Family Residence
Built in 1937
0.26 Acres Lot
$146,800 Zestimate®
$81/sqft
$-- HOA
What's special
- 36 days
- on Zillow |
- 162 |
- 3 |
Zillow last checked: 7 hours ago
Listing updated: June 22, 2025 at 10:03am
Listing Provided by:
Ryan W Reagan 573-578-9089,
EXP Realty LLC
Source: MARIS,MLS#: 25033104
Originating MLS: Pulaski County Board of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
Heating
- Forced Air
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Electric Range, Refrigerator, Electric Water Heater
Features
- Breakfast Bar, Eat-in Kitchen, Kitchen/Dining Room Combo
- Has fireplace: No
Interior area
- Total structure area: 1,842
- Total interior livable area: 1,842 sqft
- Finished area above ground: 1,842
Property
Parking
- Parking features: Additional Parking, Carport, Gravel, Off Street, Parking Lot
Features
- Levels: Two
- Patio & porch: Covered, Deck
Lot
- Size: 0.26 Acres
- Features: City Lot, Corner Lot, Level
Details
- Parcel number: 100.307003004001.01
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Other
Condition
- Year built: 1937
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Hayes Add
HOA
- Has HOA: No
Location
- Region: Licking
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $57,500
- Annual tax amount: $592
- Date on market: 5/27/2025
- Listing terms: Cash,Conventional,FHA,USDA Loan
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