7521 Ravensridge Road

    St Louis, MO 63119
    • $1,400,000
    • STATUS: Active
    • ON SITE: 56 days
    • ID#: 19070816
    UPDATED: 61 min ago
    $1,400,000
    • 0
      BEDS
    • 2.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1969
    County:
    Area:

    School Ratings & Info

    Description

    Georgetown Center consists of 7521-7565 Ravensridge Road, in Shrewsbury, MO 63119.This property has good visibility from Watson Road, with a large newer Monument Sign along Watson Road.This property has three buildings totaling 17,980 S.F. on 2.17 Acres.Buildings were built in 1969 and are perfect for Office or Retail use. Abundant Parking with 115 total Parking Space (6.45/1,000 SF). Zoned C-1, Commercial Shopping District, and located in a flood plain.There is a loading dock behind the middle building, and room to build an additional building right on Watson Road.This Opportunity can be seen as a Value-Add, Lease Up Opportunity, with 3 suites currently vacant (1,400 SF, 2,000 SF, & 3,000 SF).Full Offering Memorandum with financial info available.

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    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-11-14T21:49:13.853.

    Clarity Street Realty: 314-963-7300
    www.claritystreetrealty.com/homes/99087308

    7521 Ravensridge Road St Louis, MO 63119

    • Price: $1,400,000
    • Status: Active
    • Updated: 61 min ago
    • ID#: 19070816
    0
    Beds
    0
    Baths
    0
    ½ Baths
    2.17
    Acres
    1969
    Built
    Neighborhood:
    Mackenzie
    County:
    St Louis
    Area:
    Affton
    Property Description
    Georgetown Center consists of 7521-7565 Ravensridge Road, in Shrewsbury, MO 63119.This property has good visibility from Watson Road, with a large newer Monument Sign along Watson Road.This property has three buildings totaling 17,980 S.F. on 2.17 Acres.Buildings were built in 1969 and are perfect for Office or Retail use. Abundant Parking with 115 total Parking Space (6.45/1,000 SF). Zoned C-1, Commercial Shopping District, and located in a flood plain.There is a loading dock behind the middle building, and room to build an additional building right on Watson Road.This Opportunity can be seen as a Value-Add, Lease Up Opportunity, with 3 suites currently vacant (1,400 SF, 2,000 SF, & 3,000 SF).Full Offering Memorandum with financial info available.
    Exterior Features

    Building Type 1 StoryIndustrialRetail Strip CenterStore FrontOffice BuildingOther Building Type Construction Conventional Exterior BrickCombination Land Info Included Parking Description ConcreteLighted ParkingParking LotPaved Asphalt Parking Spaces 115 Road Access City StreetCounty RoadOther Road Frontage 655 Roof Pitched/Sloped Unit Location CityHigh TrafficOtherRetail CenterSuburban

    Interior Features

    Cooling Central-Gas Heating Individual UnitForced Air Interior Walls DrywallPlaster

    Property Features

    Association St. Louis Association of REALTORS Building Fuel Gas Commercial Lease Type Modified Gross Commercial Property Type Commercial LandIndustrial LandOffice LandOtherRecreation LandRetailSpecial Purpose/Use Conditions Unknown Cross Street Address Watson Road Current Use Office/GeneralOfficePersonal ServiceProfessional ServiceRetailShopping Center Disclosures Flood Plain YesNo Other Known Restr Drive In Doors 0 Electric Service AmerenSingle Phase Gross Operating Income 138132.00 Lease Terms 1 Year Or Less3 Years Or LessMore Than 3 Years Net Income 93534.00 Offering Sale Operating Expense Common Area MtceElectricityGasMaintenanceProperty InsuranceReal Estate Tax Possession At ClosingLease Out Stand Possible Buyer Fees YN No Sale Includes Building & LandSubject To Lease Selling Terms CashConventional Sewer Public Special Listing Conditions None Tax Year 2018 Taxes Paid 28951 Total Expenses 44598.00 Utilities Available CableElectricGasWaterSewerTelephone Water Public Zoning C-1

    Listing provided courtesy of Manor Brokerage, Llc. Listing information © 2019 Mid America Regional Information Systems, Inc.
    Listing information © 2019 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2019-11-14T21:49:13.853.

    Clarity Street Realty: 314-963-7300
     
    Clarity Street Realty
    1712 S. Big Bend Blvd
    St. Louis MO, 63117