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Property profile

305 Columbia St Farmington, MO 63640

OFF-MARKET
Warehouses
Property ID
US48-1052543
19,729 SF 1 ac lot Built 1940

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 Warehouses
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

Value estimations

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Owner & transaction history

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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