8515 Manchester Road

    St Louis, MO 63144
    • $294,500
    • STATUS: Closed
    • ON SITE: 320 days
    • ID#: 17070423
    Sold - 06/19/2018
    $294,500
    SOLD - 06/19/2018
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,582
      SQFT
    • $82
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1961
    County:
    Area:

    School Ratings & Info

    Description

    Retail Investment Property For Sale. This Three-Tenant Building is 100% Occupied and in a Highly Desired Area. Excellent Visibility with 19,641 V.P.D. on Manchester Road With Building and Pole Signage Available for Tenants. Ample Parking with 5.3/1,000 S.F. Parking Ratio.Leases have built-in Rent Increases, with Long-Term Tenants. Zoned GC (General Commercial). Tenants Include: Discount Smoke Shop, Lotus Massage & Wild Nails.2 of the 3 Suites have been completely Remodeled in 2017. Roof was Inspected and Repaired in July, 2017. 2 of the 3 A/C Units are less than 3 years old, and the third is less than 10 years old.

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    Listing information © 2018 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2018-07-18T11:50:08.167.

    The Becky O'Neill Power Home Selling Team | RE/MAX Gold:636-326-2290
    www.beckyoneill.com/homes/76384866

    8515 Manchester Road St Louis, MO 63144

    • Price: $325,000
    • Status: Closed
    • Updated: 20 min ago
    • ID#: 17070423
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    3,582
    SQFT
    $82
    $/SQFT
    1961
    Built
    Neighborhood:
    Bompart Estate
    County:
    St Louis
    Area:
    Brentwood
    Property Description
    Retail Investment Property For Sale. This Three-Tenant Building is 100% Occupied and in a Highly Desired Area. Excellent Visibility with 19,641 V.P.D. on Manchester Road With Building and Pole Signage Available for Tenants. Ample Parking with 5.3/1,000 S.F. Parking Ratio.Leases have built-in Rent Increases, with Long-Term Tenants. Zoned GC (General Commercial). Tenants Include: Discount Smoke Shop, Lotus Massage & Wild Nails.2 of the 3 Suites have been completely Remodeled in 2017. Roof was Inspected and Repaired in July, 2017. 2 of the 3 A/C Units are less than 3 years old, and the third is less than 10 years old.
    Exterior Features

    Building Type 1 StoryFreestandingRetail Strip CenterStore FrontOther Building Type Construction Conventional Exterior BrickConcrete/Block Land Info AvailableFlood PlainIncluded Parking Description ConcreteLighted ParkingParking LotPaved Asphalt Parking Spaces 19 Road Access City StreetOtherState Highway Road Frontage 101 Roof Flat Unit Location CityHigh TrafficHwy/Interstate FrntgRetail CenterSuburban

    Interior Features

    Cooling Central-Gas Heating Individual UnitForced Air Interior Walls ComboConcrete/BlockDrywall Miscellaneous 2+ LavatoriesBuilding SignDelivery DoorDisplay WindowExterior LightingPole SignWheelchair Access Sq Ft First Floor 3582

    Property Features

    Association St. Louis Association of REALTORS Building Fuel Gas Clear Ceiling Height 10 Commercial Lease Type Modified Gross Commercial Property Type Commercial LandIndustrial LandMulti-Family LandOffice LandOtherRetailSpecial Purpose/Use Conditions Unknown Cross Street Address Helen Avenue Current Use Convenience StoreOtherPersonal ServiceProfessional ServiceRetailShopping Center Disclosures Flood Plain Yes Docs Avail At Office Aerial PhotoLeasesProfit & Loss StmtsPro-Forma StmtTraffic CountsOther Additional Inf Electric Service Ameren Gross Operating Income 37000.00 Lease Terms 3 Years Or LessMore Than 3 Years Lot Size Source County Records Net Income 24970.00 Occupant Type Tenant Offering Sale Operating Expense Property InsuranceReal Estate Tax Possession At ClosingLease Out Stand Possible Buyer Fees YN No Potential Use Convenience StoreMeeting HallOffice ShowroomRetail OperationShopping CenterStrip CenterWholesale OperationService Sale Includes Building & LandSubject To Lease Selling Terms CashConventional Sewer Public Special Description Renovated Special Listing Conditions None Square Footage Source County Records Tax Exempt 0 Tax Year 2016 Taxes Paid 7600 Total Expenses 12030.00 Utilities Available CableElectricGasWaterSewer Water Public Zoning 9GC

    Listing provided courtesy of Manor Brokerage, Llc. Listing information © 2018 Mid America Regional Information Systems, Inc.
    Listing information © 2018 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2018-07-18T11:50:08.167.

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