Property profile

1005 Main St Columbia, IL 62236

OFF-MARKET
Commercial real estate
Property ID
US28-5891463
0.85 ac lot
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional single-story, 6,144 square foot retail building, constructed in 2000 and renovated in 2016, presents a unique investment opportunity. Located at 1005 S Main St, this Class B property offers multiple tenancy options, currently housing a restaurant and retail space. The property features two available suites: Suite B, a 1,564 square foot retail/office space, previously occupied by Pizza Hut, will be delivered as a "white box" space for the new tenant, available October 31, 2024. Suite D, a 1,248 square foot retail suite, includes an open retail area, a back stockroom, and an ADA-compliant bathroom. This prime location boasts high visibility, situated just one block from IL Route 3, across from a Dollar General and DQ Grill & Chill, ensuring significant foot traffic and exposure. The property's APN is 04-22-150-008-000. This is an ideal opportunity for businesses seeking a well-maintained, conveniently located space in a high-traffic area. The building consists of one building with one story. The property is zoned for retail and restaurant use.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.85 ac (37,026 SF)
Zoning code CC3
APN 04-22-150-008-000
UPID US28-5891463

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice
  • Take-out & Catering
  • (Bike/Boat/Book/etc) Store Pet Store
  • Alternative Medicine Practice
  • Alternative Medicine Practice

Location

1005 Main St Columbia, IL 62236
Columbia metro Census 600103 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$315k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2025
$659,000
2006
Price N/A
2005
$840,000

Zoning & alternative use

CC3 · Columbia, IL
Zoning description

District is intended to provide highway business and related uses

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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