PROPERTY LISTINGS

$16.00 MOD GROSS

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Building
FOR SALE

Specs

$8.00 per foot for lower level storage/work space

Square Feet: 7,500
Type: Retail

Zip Code: 63040

Status: Active


Features

Welcome to 2612 & 2614 East Avenue in Wildwood, MO.  This six-thousand square foot on the main floor is now available FOR SALE as an investment.  This building has features The Patterson Family Farms and the Scoop School as Tenants.  The building features 6,000 Sq. Ft. on the main floor and approximately one thousand five hundred square foot on an upper mezzanine level.  The site size is 1.33 Acre and features a parking field of 4 per thousand.  The Victorian style building also features a six-thousand square foot lower drive in level with a freight elevator to the main floor that is vacant and available.  Past uses for this building has been a coffee house, a small general store, child care and learning center, office and gymnastics. The location also features a two-bedroom, one-bath 900 Sq. Ft. bungalow with a basement, hard wood floors, a deck and a one car garage.  The lower level remains available for the correct use at $8.00 per foot. Currently the property is Listed at a 5.3% CAP based upon 2022 revenues.  The Lower level has the ability to bring in additional income which could drive the CAP Rate to a +/- 9.5% based upon an $8.00 Rental Rate for the lower level. Projected 2022 NOI = +/- $61,880.00

Document Downloads

Flyer - 2612 East Ave (906 KB)

2612 & 2614 East Avenue - Dominant Tapestry Map (1157 KB)

2612 & 2614 East Avenue - Retail Marketplace Profile (172 KB)

2612 & 2614 East Avenue - Site Specific Ordinance (2834 KB)

Arial View- East Ave (344 KB)

Community Summary - East Ave (29 KB)

Demographic Profile - East Ave (98 KB)

Executive Summary - East Ave (89 KB)

Plat - East Ave (47 KB)

$16.00 MOD GROSS

580 Old State Road, Ellisville, MO