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    5500 S Kingshighway

    St Louis, MO 63109
    • $239,900
    • STATUS: Pending
    • ON SITE: 133 days
    • ID#: 20066988
    Pending
    UPDATED: 82 min ago
    $239,900
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,390
      SQFT
    • $16
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1910
    County:
    Area:

    School Ratings & Info

    Description

    Great opportunity to own an income producing mixed used building in Princeton Heights! Situated in a high traffic location on a corner lot, you can maximize exposure and take advantage of the new developments coming to South Kingshighway! This building consists of two commercial units and four residential units. Only one unit is vacant. Two storefronts with income producing businesses are located on the first level. Both commercial tenants are long term with one being MTM and other leased. Upstairs are two large one bedroom apartments with one currently leased and the other in need of TLC. In the rear of the building there are two studio apartments fully occupied by long term tenants on MTM leases. The basement is large and includes storage lockers for tenants and is walk-out. There is additional parking in the gangway and a detached garage in the rear. The backyard is fenced and perfect for entertaining. Located at the corner of Rosa and Kingshighway. Endless opportunities await you!

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    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-01-26T15:49:18.823.

    Kelly Hager Group | TdD Premier Real Estate: (636) 778-1217
    www.stlouisareahomesearch.com/homes/109991150
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    5500 S Kingshighway St Louis, MO 63109

    • Price: $239,900
    • Status: Pending
    • Updated: 82 min ago
    • ID#: 20066988
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    15,390
    SQFT
    $16
    $/SQFT
    1910
    Built
    Neighborhood:
    Hayden Add
    County:
    St Louis City
    Area:
    South City
    Property Description
    Great opportunity to own an income producing mixed used building in Princeton Heights! Situated in a high traffic location on a corner lot, you can maximize exposure and take advantage of the new developments coming to South Kingshighway! This building consists of two commercial units and four residential units. Only one unit is vacant. Two storefronts with income producing businesses are located on the first level. Both commercial tenants are long term with one being MTM and other leased. Upstairs are two large one bedroom apartments with one currently leased and the other in need of TLC. In the rear of the building there are two studio apartments fully occupied by long term tenants on MTM leases. The basement is large and includes storage lockers for tenants and is walk-out. There is additional parking in the gangway and a detached garage in the rear. The backyard is fenced and perfect for entertaining. Located at the corner of Rosa and Kingshighway. Endless opportunities await you!
    Exterior Features

    Building Type 2 StoriesFreestandingMixed UseStore FrontOther Building Type Exterior Brick Land Info AvailableIncluded Lot Dimensions 70X134 Parking Description Parking GarageParking Lot Parking Spaces 7 Road Access Alley AccessCity Street Road Frontage 20 Unit Location CityCorner LocationHigh Traffic

    Interior Features

    Cooling Wall Unit(S) Heating Individual UnitRadiant Floor Interior Walls DrywallPlaster

    Property Features

    Association St. Louis Association of REALTORS Business Name Finale Costumes Commercial Property Type RetailSpecial Purpose/Use Conditions Unknown Contingent Info Subject To FinancingSubject To Inspec. Current Use Office/GeneralOfficeOtherProfessional ServiceResidence Disclosures CitySellers Discl Not Av Docs Avail At Office List Of InclusionsLeases Electric Service Other Gross Operating Income 19200.00 Lease Terms 3 Years Or Less Lot Size Source County Records Net Income 14200.00 Offering Sale Operating Expense MaintenanceManagementProperty InsuranceReal Estate Tax Possession At Closing Possible Buyer Fees YN No Potential Use Food StoreMeeting HallOffice/GeneralOffice ShowroomPersonal ServiceProfessional Service Sale Includes Building & LandSome EquipmentSome FixturesSome InventorySubject To Lease Selling Terms CashConventional Sewer Public Special Listing Conditions None Square Footage Source County Records Tax Exempt 0 Tax Year 2019 Taxes Paid 3085 Total Expenses 5000.00 Utilities Available CableElectricGasWaterSewerTelephone Water Public Zoning Commercial

    Listing provided courtesy of Hybrid Real Estate. Listing information © 2021 Mid America Regional Information Systems, Inc.
    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-01-26T15:49:18.823.

    Kelly Hager Group | TdD Premier Real Estate: (636) 778-1217
     
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    Kelly Hager Group | TdD Premier Real Estate
    16091 Swingley Ridge, Suite 220
    Chesterfield MO, 63017