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2209 E Illinois St 1,200 SF Retail Building Kirksville, MO 63501 $595,000 ($495.83/SF)



Investment Highlights
- High-visibility location along East Illinois Street with direct Highway 6 access
- Located in an Opportunity Zone offering potential tax benefits
- Includes a functional building with two shop bays, office space, and storage
- Surrounded by active corridors and near new commercial development projects
Executive Summary
This property represents a prime commercial opportunity in Kirksville, offering outstanding exposure along East Illinois Street with direct frontage and seamless connectivity to Highway 6. Positioned in a high-traffic corridor and near a soon-to-be-established medical center, the site provides exceptional visibility for businesses seeking strong market presence. With roughly an acre to two acres of land and a versatile building featuring two shop bays, office space, and restroom facilities, the property can support a wide range of uses including retail, automotive services, or professional offices.
Located within an Opportunity Zone, this asset provides potential tax advantages, adding investment appeal for buyers seeking long-term growth and portfolio optimization. Kirksville is the commercial and educational center of Adair County, driven by Truman State University and A.T. Still University, ensuring steady economic activity. The property’s proximity to expanding residential neighborhoods and arterial highways positions it for robust localized and regional business demand. With ample frontage, existing structure adaptability, and advantageous zoning, this property serves as an attractive platform for both owner-users and investors.
Located within an Opportunity Zone, this asset provides potential tax advantages, adding investment appeal for buyers seeking long-term growth and portfolio optimization. Kirksville is the commercial and educational center of Adair County, driven by Truman State University and A.T. Still University, ensuring steady economic activity. The property’s proximity to expanding residential neighborhoods and arterial highways positions it for robust localized and regional business demand. With ample frontage, existing structure adaptability, and advantageous zoning, this property serves as an attractive platform for both owner-users and investors.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,200 SF
Building Class
C
Year Built
1984
Price
$595,000
Price Per SF
$495.83
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
1.03 AC
Opportunity Zone
Yes
Zoning
C3 - Extensive Business District
Parking
4 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
109’ on Illinois Street
Amenities
- Freeway Visibility
- Signage
- Storage Space
- Air Conditioning
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Nearby Major Retailers
1 of 13
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2209 E Illinois St
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