2542 Woodson

    St Louis, MO 63114
    • $69,500
    • STATUS: Active
    • ON SITE: 4 days
    • ID#: 19016711
    New On Site 4 Days Ago
    $69,500
    • 0
      BEDS
    • 0.02
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 950
      SQFT
    • $73
      $/SQFT
    Type:
    Commercial
    Built:
    1929
    County:
    Area:

    School Ratings & Info

    Description

    Excellent investment opportunity to own a versatile Commercial Store front with 950 Sqft. There are 7 total units available all storefronts connected w/ 8,400 Sqft, 2 basements; being sold AS IS; on a building that has had substantial rehab, w/ a potential seller credit as negotiated. Updates required. Located in the Downtown Overland, MO district! Site has 20+ rear parking lot w/ front off-street parking in Overland business district.The property contains 5 storefronts & 2 2nd floor apts. The units range from 658 SF to 2,600 SF. As described, Also for sale and all individually listed are 2536, 2538 , 2540 , and 2542 Woodson Rd. The condos include 2540A & 2536A Woodson Rd. Property is partial leased and offers great return! Offered at the current Cap Rate of approx. 17.5%, or occupy the current owner's space and collect rent from the other 6 Tenants. Woodson Rd. benefits from 11,688 V.P.D. w/ convenient access to I-170 and I-70. Close Proximity to Lambert Airport.

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    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-03-19T23:49:14.83.

    The Becky O'Neill Power Home Selling Team | RE/MAX Gold: 636-326-2290
    www.beckyoneill.com/homes/92721543

    2542 Woodson St Louis, MO 63114

    • Price: $69,500
    • Status: Active
    • ID#: 19016711
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.02
    Acres
    950
    SQFT
    $73
    $/SQFT
    1929
    Built
    Neighborhood:
    2532-2542 Woodson Road Overland A
    County:
    St Louis
    Area:
    Ritenour
    Property Description
    Excellent investment opportunity to own a versatile Commercial Store front with 950 Sqft. There are 7 total units available all storefronts connected w/ 8,400 Sqft, 2 basements; being sold AS IS; on a building that has had substantial rehab, w/ a potential seller credit as negotiated. Updates required. Located in the Downtown Overland, MO district! Site has 20+ rear parking lot w/ front off-street parking in Overland business district.The property contains 5 storefronts & 2 2nd floor apts. The units range from 658 SF to 2,600 SF. As described, Also for sale and all individually listed are 2536, 2538 , 2540 , and 2542 Woodson Rd. The condos include 2540A & 2536A Woodson Rd. Property is partial leased and offers great return! Offered at the current Cap Rate of approx. 17.5%, or occupy the current owner's space and collect rent from the other 6 Tenants. Woodson Rd. benefits from 11,688 V.P.D. w/ convenient access to I-170 and I-70. Close Proximity to Lambert Airport.
    Exterior Features

    Building Type 1 StoryStore Front Construction Conventional Exterior Brick Land Info Not Available Parking Description Concrete Parking Spaces 20 Road Access County Road Road Frontage 30 Roof Flat Unit Location High TrafficRetail Center

    Interior Features

    Cooling Central-Gas Heating Forced Air Interior Walls Concrete/Block Sq Ft First Floor 950

    Property Features

    Association St. Louis Association of REALTORS Building Fuel Gas Commercial Property Type RetailSpecial Purpose/Use Conditions Unknown Current Use Office Disclosures Agent OwnedCode Compliance ReqdFlood Plain NoOccupancy Perm ReqSellers Discl Not Av Docs Avail At Office Floor PlanPro-Forma Stmt Electric Service Ameren Gross Operating Income 950.00 Lot Size Source County Records Net Income 11400.00 Operating Expense Common Area MtceElectricityGasHeat/CoolingReal Estate TaxWater & Sewer Possession At Closing Possible Buyer Fees YN No Potential Use Convenience StoreFood StoreFood/Bev/RestaurantOffice/GeneralPersonal ServiceProfessional ServiceRetail OperationStrip Center Sale Includes Building Only Selling Terms CashConventional Sewer Public Special Description RehabbedSome Accessible Features Special Listing Conditions None Square Footage Source County Records Tax Year 2016 Taxes Paid 901 Total Expenses 75.00 Utilities Available ElectricGasWaterSewer Water Public Zoning Commercial

    Listing provided courtesy of Tms Realty, Llc. Listing information © 2019 Mid America Regional Information Systems, Inc.
    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-03-19T23:49:14.83.

    The Becky O'Neill Power Home Selling Team | RE/MAX Gold: 636-326-2290
     
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