Properties

1000 S Newstead Ave
1000 S Newstead Ave
Saint Louis, MO 63110
Lease Rate: $16/SF/Yr
Property SqFt: 6,000
Type: Retail
1909 Locust St
1909 Locust St
Saint Louis, MO 63103
Lease Rate: $16/SF/Yr
Property SqFt: 8,680
Type: Retail
1909 Locust St
1909 Locust St
Saint Louis, MO 63103
Sales Price: $499,000
Property SqFt: 8,680
Type: Retail
1544 N Broadway
1544 N Broadway
Saint Louis, MO 63102
Sales Price: $300,000
Property SqFt: 9,045
Type: Industrial
1917-1935 Delmar Blvd
1917-1935 Delmar Blvd
Saint Louis, MO 63103
Property SqFt: 20,020
Type: Industrial
2806-2812 Locust St
2806-2812 Locust St
Saint Louis, MO 63103
Sales Price: $699,000
Property SqFt: 15,260
Type: Industrial
2657-2659 Washington Blvd
2657-2659 Washington Blvd
Saint Louis, MO 63103
Sales Price: $499,000
Property SqFt: 5,250
Type: Retail
2657-2659 Washington Blvd
2657-2659 Washington Blvd
Saint Louis, MO 63103
Lease Rate: $16/SF/Yr
Property SqFt: 5,250
Type: Retail
Union Club in Lafayette Square
1700 S Jefferson Ave
Saint Louis, MO 63104
Lease Rate: $6/SF/Yr
Property SqFt: 16,000
Type: Retail
4400-4410 Chouteau Ave
4400-4410 Chouteau Ave
Saint Louis, MO 63110
Lease Rate: $17.50/SF/Yr
Property SqFt: 4,260
Space SqFt: 2,050
Type: Office
5501-5513 Pershing Ave
5501-5513 Pershing Ave
Saint Louis, MO 63112
Lease Rate: $14/SF/Yr
Property SqFt: 14,200
Type: Retail
3227-3229 Morganford Rd
3227-3229 Morganford Rd
Saint Louis, MO 63116
Sales Price: $335,000
Cap Rate: 12.54%
Property SqFt: 6,007
Type: Retail
130 N Eatherton
130 N Eatherton Rd
Chesterfield, MO 63005
Sales Price: $982,000
Type: Land
2746 Cherokee Street
2746 Cherokee Street
St. Louis, MO 63118
Sales Price: $325,000
Property SqFt: 3,865
Type: Office
3310 Wyoming
3310 Wyoming St.
St. Louis, MO 63118
Sales Price: $435,000
Cap Rate: 8.63%
# of Units: 4
Type: Multifamily
308 N 21st St
308 N 21st St
Saint Louis, MO 63103
Lease Rate: $16/SF/Yr
Property SqFt: 45,755
Type: Office
3639 Montana
3639 Montana Street
St. Louis City, MO 63116
Sales Price: $129,900
Cap Rate: 9.7%
# of Units: 2
Type: Multifamily

3227-3229 Morganford Rd

Address 3227-3229 Morganford Rd, Saint Louis, MO 63116
Sale Price $335,000
Cap Rate 12.54%
Property Type Retail
Property Subtype N/A
Market MO-St. Louis
Sub Market South STL City
Year Built 1940
Land Size (Acres) 0.3
Building Size (SF) 6,007
Lease Rate N/A
# of units N/A

Description/Comments:
Salient Realty Group is pleased to exclusively offer this outstanding opportunity to purchase a prominent office/retail storefront on Morgan Ford Avenue with warehouse space in the rear. Perfect for an owner occupant or an investor 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 property is also centrally located with easy access to all areas of the City. 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 two restrooms. The office/retail space consists of several multipurpose rooms or offices, a kitchenette, and a reception area. A new roof was installed in 2019. Building has 3-phase and single phase electrical services. Cap rate is based on a proforma rent of $3,500/mo plus NNN's for a tenant taking the property as-is. No long term tenants in place. Contact the listing broker to learn more – this deal is priced well below replacement cost in a hot neighborhood so do not delay.

Space Descriptions:
N/A

Lead Broker

Garen Lafser
President & Designated Broker
Salient Realty Group

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