2 Columbia StFarmington, MO 63640

  • Banks
  • 10,048 SF
For Sale
$1,325,000 View listing

Property Details for 2 Columbia St

Year built
1972
Lot size
0.57 AC
Property size (Sq ft)
10,048 SF
Property type
Banks
APN
10-90-31-03-039-0003.00
APU
10903103039000300

Description

This exceptional commercial property, located at 2 W Columbia Street in the heart of Farmington, MO, presents a unique investment opportunity. Encompassing an entire city block, this substantial building offers 18,000 square feet of versatile space, providing unmatched visibility and high foot traffic. Its central downtown location ensures maximum exposure to potential customers. Currently, a portion of the building is already leased, generating immediate rental income. This existing income stream provides a solid foundation for future growth and expansion. The upper level presents significant untapped potential, suitable for conversion into additional office space or the creation of attractive residential apartments. The 0.33-acre lot provides ample space for various uses and future development. This property is ideally suited for investors seeking a strong return on investment or entrepreneurs looking to establish a thriving business in a prime, high-traffic location. The building's size and location make it a rare find in Farmington's most desirable area. Don't miss this chance to acquire a truly exceptional commercial property with significant upside potential. The asking price is $1,125,000.

Location Insight

City
Farmington
County
St. Francois
State
Missouri
Latitude
37.7801
Longitude
-90.4207
CBSA code
22100
CBSA name
FARMINGTON, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$21,470
$15,820
$393,570
$409,390
-
$49,430
$1,229,900
$1,279,330

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