Saint Louis, MO Office Property For Sale

Rare medical office condo opportunity

• Recently rehabbed office with updated fixtures and

functional floor plan

• Signalized intersection with good visibility from Olive Blvd.

• Mix of covered and surface parking

• Excellent location near Barnes West and minutes from Mercy Hospital, Missouri Baptist Medical Center & St. Lukes Hospital

• Low cost of ownership- 2022 condo dues; $1,312/month ($8.58/SF) including utilities

• 2021 real estate taxes: $6,351.33 ($3.46/SF)

https://manorrealestate.com/commercial/fully-occupied-office-building/

100% Occupied Commercial Office Property For Sale.

1st Floor Occupied until 2022.

2nd Floor Coming Avaiable end of October 2021.

This stable, easy-to manage office building is located right off the corner of the Watson-Chippewa divide. Sitting less than 1-mile south of I-44, a major interstate, and only two doors down from the neighborhood favorite, Blueprint Coffee Café, this investment opportunity is being offered to the market anchored with a long-term dental practice at a 7.5% Cap Rate.

Building was fully renovated in 2012 which also included the brand-new construction of a 1,500 S.F. addition to accommodate the anchor tenant’s growing business.

Combining location, stability, low-maintenance, high traffic counts, and strong demographics withing a 1, 3 and 5-mile radius, all creates an opportunity to access instant cash-flow starting day one of closing. At under $1M purchase price, puts this opportunity in reach for the first-time commercial property investor as well as an excellent addition to already established portfolio.

Property recently 100% leased. Great small commercial investment property. Second floor has long term apartment tenants. 1,895 SF First floor open loft like design is leased to a not for profit and currently the rear is being used as a yoga studio by the seller.

• Mixed Use - 100% Leased Apartments - two units on second floor

• 1895 SF First floor leased

• Rear parking lot with access from side streets

Georgetown Center property For Sale. This property consists of 3 buildings totaling 17,980 S.F. on 2.17 Acres. Good visibility from Watson Raod and room for an additional building right on Watson Road. Built in 1969, this property is perfect for Retail or Office use. Large Monument Sign on Watson Road for tenant’s signage. Abundant Parking with 6.45/1,000 S.F. Zoned C-1 (Commercial Shopping District).

This Offering can be seen by most investors as a Value-Add Lease Up opportunity. Also, the property could be partially occupied by an owner/user or Redeveloped altogether. There are currently 3 suites available for Lease.

Two Medical Buildings

Building 6826 has upstairs office space

Building 6830 currently has been demoed

Plenty of parking space

Property being sold in as is condition. Property in need of rehab. Zoned J. FORMERLY SET UP AS A SINGLE FAMILY. Has potential for business use, zoned Industrial. Duplicate listing of residential entry #21041862