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$1,350,000 Sale Pending
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Property Description
Positioned in Downtown Farmington, this multi-tenant office investment offers a compelling value-add opportunity supported by vacant suites and month-to-month tenancy, allowing a new owner immediate flexibility to increase rents and improve cash flow. The building totals 32,376 square feet, with approximately 22,500 square feet of leasable office space, complemented by functional common areas including hallways, restrooms, conference rooms, and a shared break room. Suite sizes vary, making the property suitable for a broad range of users-from single-office professionals to larger multi-employee businesses. Tenants enjoy access to two shared conference rooms, a break room, secure interior mailboxes, and elevator and stair access to the second floor. Common-area restrooms are located on each level, with select suites featuring private restrooms. Leases are currently structured on a gross basis, with rents inclusive of taxes, insurance, common area maintenance, and utilities, offering operational simplicity and future repositioning potential. An additional ±0.265-acre corner parking lot located at Jackson and Patterson Streets is included in the sale, providing added convenience and long-term flexibility. This offering presents investors with a stabilized footprint and clear upside in a centrally located office asset with scalable tenant mix and strong fundamentals. The property offers immediate value-add potential through lease-up of vacant suites and flexible month-to-month tenancy. Current gross lease structure provides simplicity while allowing future lease restructuring at buyer's discretion. An additional ±0.265-acre corner parking lot enhances accessibility and long-term flexibility. Information deemed reliable but not guaranteed; buyer to verify all financial and property details.
Full Property Details
Full Property Details for MLS# 26006966
General
- Price: $1,350,000
- Taxes: $19,139 (2025)
- Status: Pending
- Type: Office
- Source: MARIS
- MLS ID: 26006966
- Updated: 2/11/2026
- Added to Site: 54 day(s) ago
Location
- Area: 700 - Farmington
- County: St. Francois
- Township: Farmington
- Subdivision: J C Williams Add
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Square Feet: 32,376
- Current Bldg. Use: Mixed Use, Office
- Year Built: 1990
Lot Features
- Lot Size (Acres): 1.55
- Lot Size (Sq. Ft.): 67,518
- Lot Size Source: Public Records
- Frontage: City Street
- Street/Road Desc.: Paved
- Topography: Level
Financial Considerations
- Tax Amount: $19,139
- Tax Year: 2025
- Tenant Pays: None
Disclosures and Reports
- Ownership: Private
- Special Conditions: Standard
- Disclosures/Reports: See Seller's Disclosure
- Property ID: 10-90-31-02-025-0008.00
Listed by Epique Realty
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Schools
Schools serving MLS# 26006966
School District:Farmington R-Vii School District
| Name | Grades | Distance |
|---|---|---|
Washington-Franklin Elementary School 409 North Washington Street, Farmington, MO 63640 | 1-4 | 0.1 mi |
Truman Kindergarten 209 West College Street, Farmington, MO 63640 | K- | 0.2 mi |
Jefferson Elementary School, Farmington, MO 9 Summit Drive, Farmington, MO 63640 | 1-4 | 0.9 mi |
Farmington Middle School 506 South Fleming Street, Farmington, MO 63640 | 7-8 | 0.7 mi |
Farmington Sr. High School 1 Black Knight Drive, Farmington, MO 63640 | 9-12 | 1 mi |
Roosevelt Elementary School 1040 Forster Street, Farmington, MO 63640 | 1-4 | 0.9 mi |
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 MLS# 26006966
Date
Details
Price
Change
Source
2/09/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for MLS# 26006966
MLS# 26006966, Farmington, MO 63640 (MLS# 26006966) is a Office property. MLS# 26006966 is currently listed for $1,350,000 and was received on February 09, 2026. Want to learn more about MLS# 26006966? Do you have questions about finding other Office real estate for sale in Farmington? You can browse all Farmington real estate or contact a Coldwell Banker agent to request more information.
