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    2 Columbia St Farmington, MO 63640

    For Sale
    $1,125,000

    Prime location, high visibility, income producing.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    312
    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.

    Property Features for 2 Columbia St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    14,375 SF

    Building Details

    Year Built
    1930
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Farmington
    County
    St Francois
    State
    Missouri
    Longitude
    -90.42113
    Latitude
    37.78038

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    FAQs

    What type of property is this?
    Commercial real estate - Prime location, high visibility, income producing.
    Where is this commercial real estate located?
    The property is located at 2 Columbia St Farmington, MO.
    What is the asking price?
    The asking price for this property is $1,125,000.
    756-5711
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    2 Columbia St Farmington, MO 63640
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Columbia St Farmington, MO 63640
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