Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1926
Sq.Footage
4,750
Outstanding Mixed-Use Investment Opportunity in the Heart of the City! This versatile two-story corner property offers endless possibilities for investors, entrepreneurs, and owner-occupants alike. The first building previously operated as a successful grocery store and deli in a high-traffic location and is now vacant, ready for its next business venture. Most commercial equipment is owned and included in the sale, including two deep fryers, a brand-new commercial grill, stainless steel prep tables, and a four-compartment sink, allowing you to hit the ground running. Above the commercial space is a beautifully updated, spacious one-bedroom apartment with four rooms, an open floor plan, newer vinyl flooring, fresh paint, and abundant natural light, ideal for owner-occupancy or rental income. The full basement provides ample storage for both residential and commercial use. Major improvements include approximately one-year-old furnaces and air conditioning units, a one-year-old water heater, a sewer lateral replaced approximately three years ago, a roof approximately three years old, newer flooring throughout, and a private fenced backyard. The second building has been completely gutted and is ready for your vision. With newer siding, newer windows, and a full basement, it offers tremendous potential for additional commercial space, storage, a workshop, or future redevelopment. Situated on a highly visible corner lot with excellent traffic exposure, this unique property presents an exceptional opportunity to live upstairs while operating your business below, lease both spaces for maximum income potential, or redevelop to suit your investment goals. Rarely does a property with this much flexibility, equipment, and upside become available. Schedule your private showing today! The property is to be sold as-is. Seller will not provide any inspection or repair.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.0383
-
Lot Size(square feet)
1,668
-
Property Type
Commercial Sale
-
Property Sub Type
Retail
Price
-
Sales Price
$185,000
-
Tax Amount
$3,114
-
Sq. Footage
4,750
-
Price/SqFt
$38
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
2
-
Ownership
Private
-
Water Source
Public
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Location
County
St Louis City
Elementary School
Middle School
High School
Listing Courtesy of Sarah Nguyen-Bani , RE/MAX Results
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AGENT
Susan Whittle
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