$335,000

3227 Morganford

St Louis MO, 63116

Description

Salient Realty Group is pleased to offer this opportunity to purchase a prominent office/retail storefront on Morgan Ford Avenue with warehouse space in the rear. Perfect for an owner occupant or investors to own a great building on Morgan Ford right in the heart of tons of new development and activity. Walkable to Tower Grove Park and many restaurants and shops. Just down the street from the $6.4 million development of the MoFo Urban Residences and the newly announced $3.7 million 20-unit apartment development at 3201 Morgan Ford. The office/retail space consists of +/-2,216 SF and the warehouse consists of +/-3,791 SF. The warehouse has a loading dock, skylights, and 2 restrooms. The office/retail space consists of several multipurpose rooms/offices, a kitchenette, and a reception area. New roof in 2019. Building has 3-phase and single phase service. Cap rate is based on a proforma rent of $3,500/mo plus NNN's. No long term tenants in place.

Details

MLS#20081600
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1937
Days On Site73

Features

SQ Feet6,007
ZoningF
Acreage0.16
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Area Information
StateMO
CountySt Louis City
CitySt Louis
Zip Code63116
CountySouth City
Listing VS Median (in 63116)
Price:
$335,000
low | high
Med:
$149,500
100% of Average
SqFt:
6,007
low | high
Med:
1,400
100% of Average
$ / SqFt:
$56
low | high
Med:
$107
41.481130063966% of Average
On Site:
73
low | high
Med:
19
100% of Average
Listing Updated: November 11, 2020 2:29:41 AM PST
Garen F Lafser LogoMLS Number: 20081600
Listing Provided By:
Garen F Lafser  of  Salient Realty Group LLC

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