Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1903
Sq.Footage
7,680
**New Listing | Commercial Investment Opportunity** Discover an exceptional income-producing property. Completely rebuilt and fully renovated Mixed-Use historic building in the heart of Carondelet's business district. Everything new and replaced in 2019. This expansive 6,000-square-foot commercial offering spans multiple addresses, delivering a versatile layout featuring a kitchen, 2 handicap accessible bathrooms, 12 offices, a conference room and an open retail space + 3 basements, not included in the square footage. This space is also available for lease at only $8 per SF modified gross or $4,000 monthly rent. The 2 apartments upstairs on the 3rd floor are rented with leases but with an option to become available for the purchaser, if needed.— an ideal configuration for maximizing rental revenue across multiple units. The building is currently bringing in $5,450.00 monthly in income for the 8 occupied spaces with a possibilty of and additional income of $2,400.00 for the remainaing 4 vacant spaces. Built with enduring quality in mind, this property showcases solid construction that has stood the test of time. Thoughtful renovations have modernized key areas while preserving the structural integrity that makes this building a reliable long-term investment. Updated finishes and improvements throughout enhance tenant appeal, ensuring competitive occupancy rates and steady cash flow for savvy investors. The concrete parking lot with 20 space is a standout advantage here, offering tenants the convenience that drives retention and attracts new renters in a competitive market. The surrounding neighborhood enhances the property's appeal with everyday conveniences nearby. St. Louis Square Park sits just steps away, providing green space and recreation. Essential services, including fuel and grocery options along Bates Street, are easily accessible. Public transit connections at the Broadway and Holden bus stop keep commuters linked to the greater metro area, while Notre Dame High School serves families in the community. Whether you're expanding your portfolio or entering the investment arena, this property offers compelling rental income potential backed by quality construction and smart updates. Schedule your showing today. Broker/Owner owned.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas, Forced Air
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Other, Brick, Wood Siding
-
Parking
Concrete, Driveway, Open, Parking Lot
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.12
-
Lot Size(square feet)
5227.2
-
Property Type
Commercial Sale
Price
-
Sales Price
$765,000
-
Tax Amount
$2,003
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Water Source
Public
Schedule a Showing
Showing scheduled successfully.
Mortgage calculator
Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.
Your payment
Principal and Interest:
$
Property taxes:
$
HOA fees:
$
Total loan payment:
$
Total interest amount:
$
Location
County
St Louis City
Elementary School
Middle School
High School
Listing Courtesy of Jaymes Dearing , RE Source PM, LLC
RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
AGENT
Franko Maric
Call Franko today to schedule a private showing.
* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.