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St Charles,MO 63301
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision New Town At St Chas #1
MLS Listing ID 25057566
Year Built 2006
Annual Tax Amount $4,476
Lot Size 2,178 Sqft
Property Sub-Type Mixed Use
Property Description
Rare purchase opportunity to own a 4 unit multi-use building in the highly sought after New Town community in St. Charles. When originally built, the building had two 2-bedroom, 2.5 baths units on the upper 2 floors. The main level was used as business space. It was converted to all residential several years back growing from 2 units to 4 units. The 2 upper floors remain the same and the main level was made into two 1-bedroom, 1 bath units. The upper levels are currently fully rented but the lower level as of Aug 31st will be empty. If you purchase quickly you can determine how the main level will be utilized. It could re-leased as residential OR New Town would allow it to be a multi-use building with commercial space for walk-in clientele. The building is meticulously maintained with endless opportunities and updated at leases turnover. It has soaring high ceiling and open floorplans. New town is a complete lifestyle with business, coffee shops, restaurants, wine bar, dance academy, hair salon, fitness center, walkers, golf cart patrons, fishing, neighborhood pool for swimming, volleyball, amphitheater, weekend concerts, movie nights and so much more. There are 2 private parking spaces in the rear of the building that are attached to a larger lot that can be utilized by the building's tenants and customers. All tenants will have access to all the New Town HOA amenities for one low building cost of $1015 annual. Add this wonderful opportunity to your portfolio today!
Location
State MO
County St. Charles
Area 405 - Orchard Farm
Interior
Heating Electric
Cooling Central Air
Exterior
Utilities Available Cable Available
View Y/N No
Building
Water Public
Structure Type Frame
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Standard