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    OFF-MARKET
    Distribution centers

    305 Columbia St, Farmington, MO 63640

    19,729 SF 1 ac lot Built 1940
    Property ID
    US48-1052543
    Property summary
    AI-generated overview

    This exceptional 19,729-square-foot commercial property, located at 305 W Columbia in Farmington, Missouri, presents a unique investment opportunity. Built in 1940, this former church boasts a rich history and stunning architectural details, including stained-glass windows, a pipe organ, and a bell tower. The building sits on a one-acre lot and is zoned for commercial use. The main level features a large open space, previously used as a sanctuary, with numerous pews, including those in a balcony. A finished basement provides ample additional space, including classrooms, offices, a kitchen area, and versatile rooms suitable for various uses. This property is designated as a historical building and may qualify for TIF funding from the City of Farmington for potential improvements. The substantial square footage, combined with its unique character and historical significance, makes this property ideal for adaptive reuse and a variety of commercial ventures. The property's location in downtown Farmington offers excellent visibility and accessibility. This is a rare chance to acquire a landmark building with significant potential for a creative and successful business. Serious inquiries are encouraged to explore the full range of possibilities this remarkable property offers.

    Property profile
    Verified
    Property type Distribution centers
    Year built 1940
    Total area 19,729 SF
    Lot 1 ac (43,560 SF)
    UPID US48-1052543
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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