Discover the potential of this multi-use commercial building located in historic downtown Columbia on Main Street. This prime property includes four commercial spaces and two residential apartments. Suite 1, offering Main Street access, is vacant and previously leased for $1,700. Suite 2 and Suite 3 are actively generating income with leases at $2,900 and $2,700 respectively, while 100 N Main contributes an additional $1,750. The residential offerings consist of a 3-bedroom, 2-bath apartment ($900 rent) and a 2-bedroom, 2-bath unit ($900 rent), viewable with an accepted offer. The building features a full basement for dry storage, multiple kitchen and lavatory facilities in commercial areas, as well as a vault room. Many features have been updated throughout. Sale encompasses the adjacent lot and an additional parcel for parking. A strategic investment with significant potential for growth and revenue. Leases and further details available upon request.
Prime investment opportunity in the heart of Downtown Columbia's thriving Main Street District! This offering includes a fully leased commercial building currently operating as a popular Mexican restaurant, generating $6,200/month in rental income through April 30, 2026, and a 2-bedroom home on a month-to-month lease, bringing in an additional $1,100/month. The main building boasts ample seating capacity, overhead garage doors for an inviting open-air dining experience, a full bar, spacious kitchen facilities, and multiple restrooms to accommodate high traffic. Situated in a bustling area with excellent visibility and foot traffic, this property is perfect for investors seeking a solid, income-producing asset. Don’t miss your chance to own a piece of Columbia’s dynamic downtown!
The median home value in Columbia, IL is $329,500. This is higher than the county median home value of $242,800. The national median home value is $338,100. The average price of homes sold in Columbia, IL is $329,500. Approximately 77.45% of Columbia homes are owned, compared to 16.19% rented, while 6.36% are vacant. Columbia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Columbia real estate agent to arrange a tour today!
Columbia, Illinois has a population of 11,090. Columbia is more family-centric than the surrounding county with 39.94% of the households containing married families with children. The county average for households married with children is 32.64%.
The median household income in Columbia, Illinois is $102,107. The median household income for the surrounding county is $92,950 compared to the national median of $69,021. The median age of people living in Columbia is 39.3 years.
The average high temperature in July is 88 degrees, with an average low temperature in January of 22.5 degrees. The average rainfall is approximately 42.3 inches per year, with 13.8 inches of snow per year.