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$ 185,000
Est. payment | /mo
1,668 Sqft Lot
$ 185,000
Est. payment | /mo
1,668 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active Under Contract
Purchase Type For Sale
Subdivision Benton Add
MLS Listing ID 26040568
Year Built 1926
Annual Tax Amount $3,114
Lot Size 1,668 Sqft
Acres 0.0383
Property Sub-Type Retail
Property Description
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.
Location
State MO
County St Louis City
Area 3 - South City
Interior
Heating Natural Gas
Cooling Central Air, Electric
Flooring Vinyl
Fireplace N
Exterior
Fence Partial, Wood
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N No
Building
Water Public
Structure Type Brick
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listing As Is
Listed by Sarah Nguyen-Bani • RE/MAX Results
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