5230 Route Columbia, MO 65202
- Retail properties
- 1,640 SF
- 2.75 lot acres
Current Use by Public Records
- Retail properties
Property Details for 5230 Route
- Lot size
- 2.75 lot acres
- Property size
- 1,640 SF
- Property type
- Retail properties
Description
This exceptional commercial property in Columbia, Missouri, presents a unique investment opportunity. Located at 5230 N Route E Unit 5230, the 2.75-acre lot boasts a versatile mix of buildings. The main structure, previously operating as a gas station and convenience store, includes a 1,640 square foot area with attached living quarters featuring two bedrooms. This provides significant potential for redevelopment or continued use as a combined commercial and residential space. Adding to the property's income potential is a substantial 60' x 40' Butler-style building currently leased until December 31, 2023. This provides immediate rental income and a stable foundation for future investment strategies. Furthermore, a detached three-car garage measuring 36' x 26' offers additional storage or potential for expansion. The property's high-traffic location and diverse building options make it an attractive prospect for a wide range of commercial ventures. The asking price for this multifaceted property is $450,000. This presents a compelling opportunity for investors seeking a blend of immediate income and long-term growth potential in a thriving Missouri market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Columbia
- County
- Boone
- State
- Missouri
- Longitude
- -92.405
- Latitude
- 39.015
