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400 N Washington Street, Farmington, MO 63640
$1,800,000
400 N Washington Street, Farmington, MO 63640View this property at 400 N Washington Street, Farmington, MO 63640
400 N Washington StreetFarmingtonMO63640
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Property Description
Commercial multi-tenant office building located in Farmington. There are vacant units in the building so there is immediate potential for increased rents on those units and the month-to-month tenants currently in the building. Varying size spaces make the building compatible for businesses with multiple employees or single person offices. Tenants have access to 2 conference rooms on site, break room, and a smoking shelter on the back of the building. Each floor has common area restrooms, and some spaces have their own restroom. There is an elevator as well as stairs to the second floor. Secure mailboxes in the building for tenant wanting to receive mail and packages on site. Rents currently include taxes, insurance, common area maintenance, and utilities. The parking lot had a large portion of concrete redone in the last 18 months. There is an additional .265-acre parking lot on the corner of Jackson and Patterson Streets that is also included in this purchase.
Full Property Details
Full Property Details for 400 N Washington St
General
- Price: $1,800,000
- Taxes: $19,689 (2022)
- Status: Active
- Type: Commercial Investment
- MLS ID: 23063730
- Updated: 3/20/2024
- Added to Site: 184 day(s) ago
Additional Information
- Other Features: 2+ Lavatories, Building Sign, Exterior Lighting
Parking
- Parking Features: Concrete
Location
- Area: Farmington
- County: St Francois
- Township: Farmington
- Subdivision: J C Williams Addition
- Driving Directions: GPS Friendly.
Heating & Cooling
- Cooling Type: Electric
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Available, Electricity Available, Gas to Site, Water Available, Sewer Available, Phone Available
Structural Information
- Roof: Architectural Shingles
- Square Feet: 17,869
- Current Bldg. Use: Two Stories, Office, Professional/Office, Professional Service
- Year Built: 1990
Lot Features
- Lot Size (Acres): 1.55
- Lot Size (Sq. Ft.): 67,518
- Lot Size Source: County Records
- Frontage: Alley, City Street
- Zoning: Commercial
Financial Considerations
- Price Per Sq. Ft.: $100.73
- Tax Amount: $19,689
- Tax Year: 2022
- Terms: Cash Only, Conventional, Private
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.7%
- Special Conditions: None
- Legal Description: LOTS 15, 16 & 17 JC WILLIAMS ADDN TO FARMINGTON T.I.F. DISTRICT - FARMINGTON
- Inclusions: Building & Land
- Disclosures/Reports: Unknown, Sellers Discl. Avail
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Schools
Schools serving 400 N Washington St
School District:Farmington R-Vii School District
Rating | Name | Grades | Distance |
---|---|---|---|
1 Black Knight Dr, Farmington, MO 63640 | 9-12 | 1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 400 N Washington St
Date
Details
Price
Change
Source
11/01/2023
Listed
$1,800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 400 N Washington St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$19,179
—
$365,720
—
2022
$19,210
—
$365,720
—
2021
$19,156
-1%
$365,720
—
2019
$19,274
9%
$365,720
12%
2018
$17,719
—
$325,170
—
2017
$17,692
—
$325,170
—
2016
$17,619
—
$325,170
—
2015
$17,654
-1%
$325,170
—
2014
$17,770
—
$325,170
—
Disclaimer: Historical tax 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 400 N Washington St
400 N Washington Street, Farmington, MO 63640 (MLS# 23063730) is a Commercial Investment property. 400 N Washington Street is currently listed for $1,800,000 and was received on November 01, 2023. Want to learn more about 400 N Washington Street? Do you have questions about finding other Commercial Investment real estate for sale in Farmington? You can browse all Farmington real estate or contact a Coldwell Banker agent to request more information.