307 Karsch Blvd Farmington, MO 63640-1768
- Office buildings
- 5,832 SF
- 0.43 lot acres
Current Use by Public Records
- Office buildings
Property Details for 307 Karsch Blvd
- Year built
- 1987
- Lot size
- 0.43 lot acres
- Property size
- 5,832 SF
- Property type
- Office buildings
- APN
- 10-90-31-02-016-0003.00
- APU
- 10903102016000300
Description
This exceptional commercial property, located at 307 E Karsch Boulevard in Farmington, Missouri, presents a lucrative investment opportunity. Priced at $699,900, the building is a fully occupied professional service building, ensuring a steady stream of income from day one. The property's prime location boasts high traffic volume, providing excellent visibility and accessibility for tenants and customers alike. Two of the units within the building have undergone extensive renovations within the last two years, ensuring modern and well-maintained spaces for occupants. This translates to reduced maintenance costs and increased tenant satisfaction for the new owner. The building's design and location are ideal for a variety of professional services businesses, capitalizing on the high foot traffic and convenient access. This is a rare chance to acquire a stable, income-generating asset in a thriving commercial area. The property's strong occupancy rate and recent renovations minimize immediate capital expenditure needs, making it an attractive proposition for investors seeking a low-risk, high-return investment. The building's strategic location ensures continued high demand for its rental units, promising long-term financial stability. Serious inquiries are encouraged to explore this exceptional investment opportunity further. The property is offered as-is.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- St. Francois
- State
- Missouri
- Longitude
- -90.4167
- Latitude
- 37.7871
- CBSA code
- 22100
- CBSA name
- FARMINGTON, MO MICROPOLITAN STATISTICAL AREA
