Property summary
This exceptional 6000+ square foot commercial building, located at 107 S Mill Street in the heart of downtown Festus, Missouri, presents a remarkable opportunity for a wide range of businesses. Currently configured as an auto body shop, this versatile property boasts significant potential for adaptation to various commercial uses. The spacious layout includes a welcoming reception area, multiple offices, ample bathroom facilities, and several generously sized repair bays, perfectly suited for a variety of operations. A key advantage is the expansive, newly asphalted and fenced parking lot, providing convenient and secure parking for customers and employees. The building's prime location within the vibrant downtown Festus Main Street area offers excellent visibility and accessibility. The current owners are open to negotiating the sale, potentially including some existing equipment, making this an even more attractive proposition. This is a rare chance to acquire a substantial commercial property in a thriving downtown setting. Schedule a viewing to envision the possibilities and transform this space into your next business venture. The property is offered at $649,999. The lot size is 0 acres.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
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Hotel & Motel Resort
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CT1 · Festus, MOZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for CT1 in Festus, MO.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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