2 Columbia St Farmington, MO 63640
- Banks
- 10,048 SF
- 0.57 lot acres
Current Use by Public Records
- Banks
Property Details for 2 Columbia St
- Year built
- 1972
- Lot size
- 0.57 lot acres
- Property size
- 10,048 SF
- Property type
- Banks
- APN
- 10-90-31-03-039-0003.00
- APU
- 10903103039000300
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- St. Francois
- State
- Missouri
- Longitude
- -90.4207
- Latitude
- 37.7801
- CBSA code
- 22100
- CBSA name
- FARMINGTON, MO MICROPOLITAN STATISTICAL AREA
