1929 S 12th ST Active

St Louis,MO 63104

$ 1340000

0 Bed

0 Bath

5556 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,556 sqft

Price per Sqft $241

Subdivision Nadines Kingdom

MLS Listing ID 25028696

Year Built 1881

Annual Tax Amount $6,985

Lot Size 4498.000 Acres

Property Description

Are you craving a Grade-A prime investment opportunity? Get 12th Street while it's hot! We're serving up this fully leased, mixed-use commercial building; boasting a 10% cap rate with consistent cash flow. Gut-rehabbed & fresh out the kitchen, this building offers a perfect blend of residential & commercial spaces, appealing to a diverse tenant base. The 1st floor featuring a modern, fully renovated restaurant with established tenant, high foot traffic & large patio. 2nd & 3rd floor each hold 2 beautifully renovated apartments featuring updated kitchens, baths, electric, mechanical, plumbing & contemporary finishes. Each unit has been meticulously upgraded with top-tier materials; ensuring minimal maintenance & maximizing tenant satisfaction. Located in the vibrant Soulard area which has excellent visibility/accessibility, this property offers both stability & growth potential. Get in on this turn-key investment special before it's 86'ed off the menu...aka SOLD! CHEERS! Location: City, Corner Location, High Traffic

Location

State MO

County St Louis City

Area 2 - Central East

Interior

Heating Forced Air

Cooling Central Air,Electric

Exterior

Parking Features false

Utilities Available Cable Available,Electricity Available,Natural Gas Available,Water Available,Sewer Available,Phone Available

View Y/N No

Roof Type Flat

Building

Sewer Public Sewer

Water Public

Structure Type Other,Brick

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

Virtual Tour https://front-door-media.aryeo.com/videos/019658aa-b250-707f-805e-14e7a6878fbd

View More
Favorite Go Tour