Saint Louis MO Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.3 Acres
Year built:
1956
Baths:
MLS#:
24034444

ADDITIONAL INFORMATION

Opportunity to own 3 parcels of land located on Manchester Road in Des Peres. Great investment property or redevelopment opportunity. The 3 parcels consist of 1 fully leased commercial building, 2,250 sf with 3 tenants at 12030 Manchester Road and 2 residential home parcels adjacent (behind) the commercial building at 1087 & 1091 Kinstern Drive. 1091 Kinstern is 1200 sf, 3 bedroom 1 bath with basement and 1 car garage, 1087 Kinstern is 1075 sf, 2 bedroom, 1 bath, basement and 1 car garage. All 3 parcels have been zoned commercial for any redevelopment but current use residential is allowed. Commercial building has three tenants currently, each residential property has a tenant currently. All are on month to month leases to allow options for new owner. Secure term leases with increases to market rates and improve NOI or end leases and make all parcels available for redevelopment, options are open. Current lease income less taxes and insurance is generating NOI of $80,000.

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Andrea D. Conner, License 71221, Xome Inc., License 68390, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

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Saint Louis Real Estate

The median home value in Saint Louis, MO is $545,500. This is higher than the county median home value of $248,000. The national median home value is $338,100. The average price of homes sold in Saint Louis, MO is $545,500. Approximately 92.07% of Saint Louis homes are owned, compared to 4.14% rented, while 3.8% are vacant. Saint Louis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Saint Louis real estate agent to arrange a tour today!

Saint Louis, Missouri 63131 has a population of 9,096. Saint Louis 63131 is more family-centric than the surrounding county with 40% of the households containing married families with children. The county average for households married with children is 29.08%.

The median household income in Saint Louis, Missouri 63131 is $194,286. The median household income for the surrounding county is $72,562 compared to the national median of $69,021. The median age of people living in Saint Louis 63131 is 42.5 years.

Saint Louis Weather

The average high temperature in July is 88.9 degrees, with an average low temperature in January of 23 degrees. The average rainfall is approximately 43.4 inches per year, with 13.7 inches of snow per year.

Saint Louis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    34
    30-day change

Saint Louis Schools and Demographics

Education near Saint Louis, MO

Metric City County
High School Graduates 96.91 94.1
College Degree - 2 year 4.03 7.72
College Degree - 4 year 76.8 45.29
Graduate Degree 20.56 14.01
Expenditures per Student 13,953 13,953
Students per Teacher 14 14

Elementary Schools near Saint Louis, MO

School Grades Students P/T Ratio ZIP
F. P. Tillman Elementary KG - 05 520 14.8 63122
George R. Robinson Elementary KG - 05 467 13.3 63122
North Glendale Elementary School KG - 05 569 15.6 63122
Spoede Elementary School KG - 04 432 12.3 63141
W. W. Keysor Elementary KG - 05 543 16 63122
Westchester Elementary School KG - 05 464 15.5 63122

Middle Schools near Saint Louis, MO

School Grades Students P/T Ratio ZIP
Ladue Fifth Grade Center 05 - 05 321 12.5 63141
Nipher Middle School 06 - 08 626 13.8 63122
North Kirkwood Middle School 06 - 08 624 13.9 63122
Northeast Middle School 06 - 08 864 13.6 63141

High Schools near Saint Louis, MO

School Grades Students P/T Ratio ZIP
Fern Ridge High School 09 - 12 74 6.1 63141
Hiram Neuwoehner 09 - 12 145 4.1 63131
Kirkwood Senior High School 09 - 12 1,782 15.7 63122
Northview 09 - 12 167 4.4 63033
Southview High 09 - 12 106 5.3 63126

Ungraded Schools near Saint Louis, MO

School Grades Students P/T Ratio ZIP
* North Technical 09 - 12 1,032 13.9 63033
* South Technical 10 - 12 771 23.2 63127
External Sites PK - 12 2,050 43.9 63131

Demographics near Saint Louis, MO 63131

Metric Zip Code City
Neighborhood Type Small town
Population 9,096 1,001,982
Population Density 2,100 1,975
Median Age 42.5 40.3
People per Household 2.9 2.4
Median Household Income 194,286 72,562
Average Income per Capita 97,161 45,307