Contacts
Mark Clarkson
Manor Real Estate
Property Details
- Property Type Office - Medical Office
- Property Size 5,500 SF
- Lot Size 0.23 Acre
- # of Floors 2
- Parking Spaces Avail. 12
- Parking Ratio 2.18 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Built 1961
- Year Renovated 2012
- Date Updated Feb 24, 2023
- Website manorrealestate.com
1st Floor: Occupied by Dental Group
2nd Floor Unit A and B: Available For Lease!
This stable, easy-to manage office building is located right off the corner of the Watson-Chippewa divide. Sitting less than 1-mile south of I-44, a major interstate, and only two doors down from the neighborhood favorite, Blueprint Coffee Café, this investment opportunity is being offered to the market anchored with a long-term dental practice at a 7.5% Cap Rate.
Building was fully renovated in 2012 which also included the brand-new construction of a 1,500 S.F. addition to accommodate the anchor tenant’s growing business.
Combining location, stability, low-maintenance, high traffic counts, and strong demographics within a 1, 3 and 5-mile radius, all creates an opportunity to access instant cash-flow starting day one of closing. At under $1M purchase price, puts this opportunity in reach for the first-time commercial property investor as well as an excellent addition to already established portfolio.
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Highlights
- $94K Average Household Income in a 1-Mile radius
- 1st floor newly renovated
- Multiple Office Space Opportunity
Attachments
Getting around
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Location
- City Saint Louis, MO
- Neighborhood Lindenwood Park
- Zip Code 63109
- Market St Louis
Points of Interest
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Shrewsbury-Lansdowne I-44
0.98 miles
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Sunnen
1.85 miles
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Maplewood-Manchester
2.18 miles
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River's Edge Station
2.86 miles
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Red Rocks Station
2.91 miles
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4D Theater Stop
3.04 miles
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Brentwood I-64
3.15 miles
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Richmond Heights
3.63 miles
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Central West End
3.63 miles
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Missouri History Museum/Forest Park
3.66 miles
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Huck's Food & Fuel
0.47 miles
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7-Eleven
0.99 miles
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Phillips 66
1.37 miles
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Shell
1.42 miles
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BP
1.49 miles
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Phillips 66
1.65 miles
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BP
1.69 miles
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QuikTrip
1.74 miles
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Electric Car Charging Station
1.74 miles
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QuikTrip
1.75 miles
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Ted Drewes East Lot
0.42 miles
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Ted Drewes West Lot
0.44 miles
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Citizens Bank Parking
1.63 miles
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Deer Creek Park
1.86 miles
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Garden Park Plaza
2.23 miles
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Lot L
2.27 miles
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Lot K
2.28 miles
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Lot G
2.28 miles
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River des Peres Greenway Trailhead
2.30 miles
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Lot M
2.33 miles
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Drury Inn
1.81 miles
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Holiday Inn
1.90 miles
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Red Roof Inn
1.93 miles
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Chippewa Hotel
2.51 miles
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Hampton
2.76 miles
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Hampton Inn & Suites St. Louis at Forest Park
2.76 miles
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Cheshire Inn
2.78 miles
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SpringHill Suites by Marriott St. Louis Brentwood
2.79 miles
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TownePlace Suites by Marriott Brentwood
2.88 miles
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Courtyard by Marriott St. Louis Brentwood
3.03 miles
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Target
0.32 miles
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Schnucks
0.46 miles
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Ross
0.49 miles
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V.L.'s Urban Farm
0.82 miles
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Dierbergs
1.14 miles
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Aldi
1.49 miles
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Save-A-Lot
1.68 miles
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Walmart Supercenter
1.70 miles
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ALDI
1.73 miles
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Schnucks
1.74 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Mark Clarkson
Manor Real Estate