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    1290 N Highway 67

    Florissant, MO 63031
    • $290,000
    • STATUS: Active
    • ON SITE: 372 days
    • ID#: 19084788
    $290,000
    • 0
      BEDS
    • 0.33
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1951
    County:

    School Ratings & Info

    Description

    Tons of road frontage at this 2 unit, 2550 sqft concrete block corner lot building. High traffic area, zoned 24B3. Immediate positive cash-flow investment. Currently occupied with 2 long-term tenants willing to stay; currently on month-to-month agrmt. Rent brings $3100 mo. giving 9.9% cap rate. Currently rented as automotive shop and window tinting. Other uses include - Convenience Store, Food Store, Gas Station, Laundromat, Meeting Hall, General Office or Retail. Automotive shop has 2 garage doors, one oversized for taller vehicles. It also has an office/reception area, storage rm, bathrmand stairs to upper-level storage. Window tinting shop also has a bathrm, office/reception area & 1 standard garage entry door. Plenty of parking around building for about 17 cars. Florissant has a street improvement project for N Lafayette with Sidewalks & Islands (completion within the next 2-3yrs?). With the great visibility and accessibility, this could be made into anything.

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    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-11-28T23:48:48.13.

    Keller Williams Realty West: 636-229-8583
    www.searchallstlouishomes.com/homes/101207872
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    1290 N Highway 67 Florissant, MO 63031

    • Price: $290,000
    • Status: Active
    • ID#: 19084788
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.33
    Acres
    1951
    Built
    Neighborhood:
    New Town of St Ferdinand
    County:
    St Louis
    Area:
    McCluer North
    Property Description
    Tons of road frontage at this 2 unit, 2550 sqft concrete block corner lot building. High traffic area, zoned 24B3. Immediate positive cash-flow investment. Currently occupied with 2 long-term tenants willing to stay; currently on month-to-month agrmt. Rent brings $3100 mo. giving 9.9% cap rate. Currently rented as automotive shop and window tinting. Other uses include - Convenience Store, Food Store, Gas Station, Laundromat, Meeting Hall, General Office or Retail. Automotive shop has 2 garage doors, one oversized for taller vehicles. It also has an office/reception area, storage rm, bathrmand stairs to upper-level storage. Window tinting shop also has a bathrm, office/reception area & 1 standard garage entry door. Plenty of parking around building for about 17 cars. Florissant has a street improvement project for N Lafayette with Sidewalks & Islands (completion within the next 2-3yrs?). With the great visibility and accessibility, this could be made into anything.
    Exterior Features

    Building Type 1 StoryCommon WallMixed Use Construction Other Exterior Concrete/Block Land Info Not Available Parking Description Paved Asphalt Parking Spaces 17 Road Access City StreetInterstate/Us Hwy. Road Frontage 291 Roof Flat Unit Location Corner LocationHigh TrafficSuburban

    Interior Features

    Cooling 1 Window Heating Forced Air Interior Walls Concrete/BlockDrywall Miscellaneous Exterior LightingOverhead Doors

    Property Features

    Association St. Louis Association of REALTORS Commercial Property Type Commercial Land Conditions Unknown Current Use AutomotiveOther Disclosures Code Compliance ReqdFlood Plain NoOccupancy Perm ReqSellers Discl. Avail Docs Avail At Office Appraisal Drive In Doors 2 Electric Service 220 VAmeren Gross Operating Income 37200.00 Net Income 26760.00 Offering Sale Operating Expense MaintenanceReal Estate Tax Possession At Closing Possible Buyer Fees YN No Potential Use AutomotiveConvenience StoreFood StoreGarageGasoline StationLaundromatOffice/GeneralRetail Operation Sale Includes Building & Land Selling Terms CashConventionalFha Sewer Public Special Listing Conditions None Tax Year 2018 Taxes Paid 8097 Total Expenses 10412.00 Utilities Available CableElectricGasSewerTelephoneOther Water Public Zoning Commercial

    Listing provided courtesy of Nettwork Global. Listing information © 2020 Mid America Regional Information Systems, Inc.
    Listing information © 2020 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2020-11-28T23:48:48.13.

    Keller Williams Realty West: 636-229-8583
     
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    Keller Williams Realty West
    856 Waterbury Falls Drive
    O'Fallon MO, 63368