107 Ml St, Festus, MO 63028-1815
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.
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Schaper Auto Repair Auto Repair Shop
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The Common Ground Hotel & Motel Resort
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
CT1 · Festus, MOFestus. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.