Address Not Available By Request

    Florissant, MO 63031
    • $535,000
    • STATUS: Closed
    • ON SITE: 272 days
    • ID#: 19015924
    Sold - 09/06/2019
    $535,000
    SOLD - 09/06/2019
    • 0
      BEDS
    • 0.59
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,948
      SQFT
    • $0
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1959
    County:

    School Ratings & Info

    Description

    Great opportunity to acquire a multi tenant Retail/Office building in Old Town Florissant. Great cash flow & return being sold at a 10% Cap Rate and a 17% Cash on Cash! Long term, stable tenants and ample parking. Office suites are accessed at grade, at the rear of the building. Purchase at a great value today with a future value add play as many of the rents are below market. Please do NOT disturb tenants or access property without agent present.

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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 2019-12-10T09:48:53.253.

    The Becky O'Neill Power Home Selling Team | RE/MAX Gold: 636-326-2290
    www.beckyoneill.com/homes/92617892

    Address Not Available By Request Florissant, MO 63031

    • Price: $575,000
    • Status: Closed
    • Updated: 49 min ago
    • ID#: 19015924
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.59
    Acres
    9,948
    SQFT
    $0
    $/SQFT
    1959
    Built
    Neighborhood:
    Old Town of St Ferdinand
    County:
    St Louis
    Area:
    McCluer North
    Property Description
    Great opportunity to acquire a multi tenant Retail/Office building in Old Town Florissant. Great cash flow & return being sold at a 10% Cap Rate and a 17% Cash on Cash! Long term, stable tenants and ample parking. Office suites are accessed at grade, at the rear of the building. Purchase at a great value today with a future value add play as many of the rents are below market. Please do NOT disturb tenants or access property without agent present.
    Exterior Features

    Building Type 2 StoriesMedical BuildingRetail Strip CenterOffice Building Construction Conventional Exterior BrickCombination Land Info Included Parking Description Parking Lot Road Access City Street Road Frontage 160 Unit Location Retail Center

    Interior Features

    Cooling Central-Electric Heating Forced AirOther/None Interior Walls Drywall

    Property Features

    Association St. Louis Association of REALTORS Building Fuel ElectricGas Commercial Property Type Commercial Land Conditions Unknown Contingent Info Subject To Financing Current Use OfficeRetail Disclosures Flood Plain No Electric Service Single Phase Gross Operating Income 0.00 Lease Terms Other/Call La Lot Size Source County Records Net Income 0.00 Operating Expense ElectricityGasHeat/CoolingMaintenanceProperty InsuranceReal Estate TaxWater & Sewer Possible Buyer Fees YN No Potential Use Office/General Sale Includes Building & Land Selling Terms Cash Sewer Public Special Listing Conditions None Square Footage Source County Records Tax Year 2017 Taxes Paid 15559 Total Expenses 0.00 Utilities Available CableElectricGasWaterSewer Water Public Zoning Commercial

    Listing provided courtesy of Realty Exchange. 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 2019-12-10T09:48:53.253.

    The Becky O'Neill Power Home Selling Team | RE/MAX Gold: 636-326-2290
     
    The Becky O'Neill Power Home Selling Team | RE/MAX Gold
    2590 Gladiator Drive
    Fenton MO, 63026