6411-6419 Hampton Avenue, Saint Louis, MO
Retail for Sale - $568,000 - 6,314 Sq. Ft. on 0.26 acres
Property Info
CIMLS# | 895436 |
Location 6411-6419 Hampton Avenue Saint Louis MO 63109 | |
Updated | October 15th, 2018 |
Type | Retail |
Price | $568,000 |
Building | 6,314 Sq. Ft. |
Land | 0.26 acres |
Property Description
Fully Leased Multi-Tenant Retail Property For Sale. Opportunity to purchase a steady cash-flowing investment property, with an 8.32% Cap Rate (beginning October, 2016). Conveniently located on Hampton Avenue, within the St. Louis Hills Neighborhood. The Average Household Income within 1 mile is $64,364. Three Tenants occupy the 6,314 S.F. of space in this two building property, including two restaurants with full kitchens and hood systems. One hood system is brand new. Each suite is individually metered with individual HVAC systems. Both restaurants feature fenced front patio seating. The entire roof was replaced in 2014. This property is Zoned
Financials
NOI = $47,263
Cap Rate: 8.32%