1290 N Highway 67

Retail: Auto Repair

1290 N Highway 67, FlorissantMO 63031

Property Details

Location

Address
1290 N Highway 67, FlorissantMO 63031
County
Saint Louis
Submarket
STL - North County
Parcels
08J530692

Building Size

Building Size
2,550 SF

Building Details

Type
 Retail: Auto Repair
Number of Buildings
1
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
C
Building Status
Existing
Floors
1
Year Built
1950
Year Renovated
1980
Sprinklers
Primary Const.
Masonry
Parking Ratio

Land & Utilities

Land (Acres)
0.33 Acres
Land (SF)
14,196 SF
Zoning
24B3
Lot Depth
Lot Width

Contacts

Current Listings

Tons of road frontage at this 2 unit, 2550 sqft concrete block corner lot building. High traffic area, Immediate positive cash-flow investment.

$290,000
Cap Rate: 10.04%

Tons of road frontage at this 2 unit, 2550 sqft concrete block corner lot building. High traffic area, zoned 24B3. Immediate positive cash-flow investment. Currently occupied with 2 long-term tenants willing to stay; currently on month-to-month agrmt. Rent brings $3100 mo. giving 9.9% cap rate. Currently rented as automotive shop and window tinting. Other uses include - Convenience Store, Food Store, Gas Station, Laundromat, Meeting Hall, General Office or Retail. Automotive shop has 2 garage doors, one oversized for taller vehicles. It also has an office/reception area, storage rm, bathrm and stairs to upper-level storage. Window tinting shop also has a bathrm, office/reception area & 1 standard garage entry door. Plenty of parking around building for about 17 cars. Florissant has a street improvement project for N Lafayette with Sidewalks & Islands (completion within the next 2-3yrs?). With the great visibility and accessibility, this could be made into anything.

Tons of road frontage at this 2 unit, 2550 sqft concrete block corner lot building. High traffic area, zoned 24B3. Immediate positive cash-flow investment. Currently occupied with 2 long-term tenants willing to stay; currently on month-to-month agrmt. Rent brings $3100 mo. giving 9.9% cap rate. Currently rented as automotive shop and window tinting. Other uses include - Convenience Store, Food Store, Gas Station, Laundromat, Meeting Hall, General Office or Retail. Automotive shop has 2 garage doors, one oversized for taller vehicles. It also has an office/reception area, storage rm, bathrm and stairs to upper-level storage. Window tinting shop also has a bathrm, office/reception area & 1 standard garage entry door. Plenty of parking around building for about 17 cars. Florissant has a street improvement project for N Lafayette with Sidewalks & Islands (completion within the next 2-3yrs?). With the great visibility and accessibility, this could be made into anything.

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

©Copyright 2001-2021 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Catylist Real Estate Software, Inc. does not assume any liability for errors or omissions.

Commercial Exchange is a national commercial real estate marketplace powered by Catylist.