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8500 Morganford Road

St Louis, MO 63123
  • $365,000
  • STATUS: Active Under Contract
  • ON SITE: 34 Days
  • ID#: 23023312
Under Contract
UPDATED: 59 min ago
$365,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,944
    SQFT
  • $124
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1951
County:
Area:

School Ratings & Info

Description

Highly visible corner lot and freestanding building on Morganford Road! This property has excellent frontage with a signature canopy that draws the eye. The building is currently being leased by Donut House for $1,500/mo with an additional ~2.5 years left on the lease. Investors and business owners are welcome! Tenants would be happy to stay if new owner is an investor. Tenants also open to discussing sale of the concept. The building has two retail/seating areas, an office space, lots of storage (including a 1,008 sf room upstairs that can be used for storage), a kitchen, ~12 parking spaces and a drive-through window. If you are interested in the property and/or business, please call!

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Listing information © 2023 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2023-06-02T20:39:42.973.

Clarity Street Realty: 314-963-7300
www.claritystreetrealty.com/homes/139050662
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8500 Morganford Road St Louis, MO 63123

  • Price: $365,000
  • Status: Active Under Contract
  • On Site: 34 Days
  • Updated: 59 min ago
  • ID#: 23023312
0
Beds
0
Baths
0
½ Baths
0.2
Acres
2,944
SQFT
$124
$/SQFT
1951
Built
Neighborhood:
Carondelet Commons
County:
St Louis
Area:
Bayless
Property Description
Highly visible corner lot and freestanding building on Morganford Road! This property has excellent frontage with a signature canopy that draws the eye. The building is currently being leased by Donut House for $1,500/mo with an additional ~2.5 years left on the lease. Investors and business owners are welcome! Tenants would be happy to stay if new owner is an investor. Tenants also open to discussing sale of the concept. The building has two retail/seating areas, an office space, lots of storage (including a 1,008 sf room upstairs that can be used for storage), a kitchen, ~12 parking spaces and a drive-through window. If you are interested in the property and/or business, please call!
Exterior Features

Attached Garage YN No Construction Materials Conventional Lot Size Source County Records Parking Features Parking LotAsphalt Parking Total 13 Road Frontage Type City Street Unit Location Corner LocationHigh Traffic

Interior Features

Above Grade Finished Area Source Public Records Cooling Electric Heating Forced Air Heating YN Yes

Property Features

Association St. Louis Association Of Realtors Business Name Donut House Commercial Type Retail Current Financing Cash OnlyConventional Current Use Two StoriesFreestandingSingle OccupancyStore FrontOtherRetail Disclosures UnknownCode Compliance ReqdOccupancy Perm Req Electric Single Phase Inclusions Building & Land Lease Term Three Years Or Less Miscellaneous Kitchen Facilities Net Operating Income 1 Operating Expense Includes InsuranceReal Estate Tax Possession Close Of Escrow Possible Use Retail Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 5309 Tax Year 2022 Transaction Type Sale Utilities Electricity AvailableGas To SiteWater AvailableSewer Available Water Source Public Zoning C-2 Commercial

Listing provided courtesy of Coldwell Banker Premier Group: 6470001. Listing information © 2023 Mid America Regional Information Systems, Inc.
Listing information © 2023 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2023-06-02T20:39:42.973.

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