200 East Walnut Street, Columbia, MO, Online Only Commercial Real Estate Auction
Bidding opens on Monday, September 28th 9:00am CT.
Bidding begins to close on Thursday, October 1st at 2:00pm CT.
200 East Walnut Street, Columbia, MO 65203
Seller: Ralph and Mary Ann Gates
Property Preview Dates: September 1, 2026, 3:00 PM - 7:00 PM CT
Viewing Day – September 1, 2026, 3 PM - 7 PM CT
Exceptional Investment or Owner-User Opportunity
Peoples Company is pleased to offer, via online auction, a highly visible commercial property located in the heart of downtown Columbia, Missouri. This approximately 9,000-square-foot commercial building presents a rare opportunity to acquire a well-positioned asset in one of Missouri's most vibrant and growing markets.
Situated at the prominent intersection of business, government, entertainment, and retail activity, 200 East Walnut Street benefits from excellent visibility, strong pedestrian traffic, and convenient access to major downtown amenities.
Property Highlights
-Approximately 9,000 square feet of commercial space
-Prime downtown Columbia location
-Excellent visibility and accessibility
-Suitable for office, retail, mixed-use, professional services, or redevelopment opportunities
-Located within walking distance of restaurants, banking, government offices, and the University of Missouri campus
-Strong investment potential in Columbia's active commercial market
-Online auction platform provides a transparent and competitive bidding process
Legal Description
COLUMBIA OT (BK A-335) N 1/2 LOT 251 & N 80' LOT 252. Exact legal description to be taken from Title Commitment.
Location
Downtown Columbia continues to serve as the economic and cultural center of Mid-Missouri. The property's location offers immediate access to:
-University of Missouri
-Boone County Government facilities
-Downtown retail and dining establishments
-Major employment centers
-Interstate 70 and U.S. Highway 63
The area's continued growth and redevelopment activity make this a compelling acquisition opportunity for investors, developers, and owner-users alike.
-MLS Number: 19609
-Parcel Number: 16-319-00-24-041.0001
-10,058.40
“The opening bid is $922,000, and no bids will be accepted below this level. The reserve price is also $922,000, and any bids above that price will be considered absolute and sold to the highest bidder.”
How to Register to Bid: Go to Peoplescompany.com and click the "Auctions" tab, open up the Peoples Company auction you are interested in. Click on any of the "BID NOW" icons within that auction. This will take you to our Online Bidding platform. Find the portion of the auction you wish to participate in and open it up. To participate in that auction click "REGISTER TO BID". From there you will need to create a bidder account. Once that is created you are able to bid on any of the parcels in our Online Auction.
Earnest Money Payment: A 10% down if you are the winning bidder within 24 hours of the completion of the auction. Take payment in the form of a check or wire transfer. All funds held by True Line Title Columbia Mo
Closing: Closing shall occur on or before November 4, 2026.
Possession: Possession of the property will be given At Closing.
Contract & Title: Immediately upon the conclusion of the auction, the high bidder will enter into a real estate sales contract and deposit the required earnest money payment. The Seller will provide title work at their expense. Sale is not contingent upon buyer financing.
Financing Available: Financing may be available for the purchase of 200 E. Walnut Street, Columbia, Missouri. Interested bidders should contact the listing agent for details. All financing is subject to credit approval, and financing arrangements must be approved by the seller no later than one week prior to the opening of bidding.
Taxes: $10, 700 per year, prorated at closing.
Broker Participation of 2 percent if your buyer is registered 48 hours before the opening of bidding on September 28th at 9 am.
Disclaimer: All property boundaries are presumed to be accurate according to the best available information and knowledge of the Seller and Peoples Company. Buyer should perform his/ her own investigation of the property prior to bidding at the auction. The brief legal descriptions in the marketing material should not be used in legal documents. Full legal descriptions will be taken from Abstract.
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