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$640,000 -$50,000 (-7.25%) Price Reduced
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Property Description
Unlock the potential of this exceptional investment opportunity in the heart of downtown Columbus! Situated on a prominent corner along Mills Street, this commercial building features three fully occupied storefronts, each with established tenants generating immediate cash flow. Set on a level, fenced lot, the property offers not only stability but also room for future growth or redevelopment. Whether you're looking to expand the existing structure, enhance the tenant mix, or hold as a long-term income-producing asset, this property delivers flexibility. Don't miss your chance to own a solid commercial asset in downtown Columbus. Schedule your tour today and explore the possibilities on Mills Street!
Full Property Details
Full Property Details for 40 E Mills St
General
- Price: $640,000
- Status: Active
- Type: Commercial
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4309161
- Updated: 4/27/2026
- Added to Site: 207 day(s) ago
Interior
- Flooring: Tile
Parking
- Parking Features: Parking Lot
Location
- County: Polk
- Driving Directions: Use address 40 E. Mills Street, Columbus, NC for location with GPS/Navigation.
- City Limits: Yes
Heating & Cooling
- Cooling Type: Electric, Heat Pump
- Heating Type: Electric, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: City
- Utility Description: Electricity Connected
Structural Information
- # Buildings: 1
- Construction: Site Built
- Exterior Const.: Brick Full
- Roof: Rubber
- Minimum Avail: 1,950 Sq. Ft.
- Year Built: 1950
Lot Features
- Street/Road Desc.: Paved
- Lot Features: Green Area
- Rcmdd Zoning: M
- Fencing (Description): Fenced
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Subject to Lease
- Inclusions: Building, Land
- Property ID: C7-D9
- Lot Number: 203/498
Listed by Coldwell Banker Advantage
Get Pre-Approved Today
Schools
Schools serving 40 E Mills St
School District:Polk County Schools
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 E Mills St
Date
Details
Price
Change
Source
4/27/2026
Price Reduced
$640,000
-7.25%
MLS
1/07/2026
Price Reduced
$690,000
-8%
MLS
10/08/2025
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 E Mills St
40 E Mills Street, Columbus, NC 28722 (MLS# 4309161) is a Commercial property. 40 E Mills Street is currently listed for $640,000 and was received on October 08, 2025. Want to learn more about 40 E Mills Street? Do you have questions about finding other Commercial real estate for sale in Columbus? You can browse all Columbus real estate or contact a Coldwell Banker agent to request more information.

