$346,000
$354,900
2.5%For more information regarding the value of a property, please contact us for a free consultation.
3,000 SqFt
SOLD DATE : 12/30/2024
Key Details
Sold Price $346,000
Property Type Commercial
Sub Type Commercial & Indr.
Listing Status Sold
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $115
Subdivision Gravois Loughborough Add
MLS Listing ID 24059734
Sold Date 12/30/24
Construction Status 89
Year Built 1935
Building Age 89
Lot Size 2,365 Sqft
Acres 0.0543
Property Sub-Type Commercial & Indr.
Property Description
Situated in the highly desirable Princeton Heights neighborhood, this stunning brick, mixed-use building offers 3000 sq ft, and already comes with an immediate return for investors. Boasting a stable tenant base with leases secured through July 2026, the hard work is already done! The ground floor features prime commercial space, while the upper floor houses a residential unit, maximizing rental potential. In a prime location, and easy access to local amenities, this property provides both immediate income and long-term growth potential.
The residential unit has 3 bedrooms and 1 full bathroom in addition to a sunroom on the main level in the back of the building. The sunroom leads outside to a nice patio for grilling, a 2 car garage, and additional parking pads on the other side of the fence. The commercial property is on a Triple Net Lease with long term Edward Jones tenants through July 2026. duplicate listing # 24063587
Location
State MO
County St Louis City
Area South City
Zoning a
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Utilities Available Cable Available, Electricity Available, Gas to Site, Water Available, Sewer Available, Phone Available
Building
Sewer Public Sewer
Water Public
Construction Status 89
Others
Acceptable Financing Cash Only, Conventional
Listing Terms Cash Only, Conventional
Special Listing Condition None
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Bought with Tina Siebert
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "