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Richmond Heights Small Office Building for Sale

$349,000

1530 South Big Bend Boulevard, Richmond Heights, MO 63117

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Last Updated: 10/30/2024

2,236 sqft

Building Size

5,663 sqft

Lot Area

Details:
Building Size:    2,236 sqft
Lot Area:    5,663 sqft
Occupancy:    100%
Year Built:    1923
Price Per Sqft:    $156.08
Tenancy:    Multiple
Floors:    2
Parking Spots:    5
Year Last Renovated:    2023
Highlights:
  • Fully occupied 2-unit office building for sale
  • Located on S. Big Bend Blvd. in Richmond Heights, St. Louis County, MO
  • Building consists of two separate suites both leased to reputable tenants
  • Lower level fully renovated in 2023
  • 5,663 S.F. parcel includes a private parking lot with 5 spaces
  • Offered at an 8.5% cap rate
  • Investment or owner-user opportunity.
Description:

This fully occupied 2-unit office building, located at 1530 S Big Bend Blvd, Richmond Heights, St. Louis County, MO, presents an excellent investment opportunity. Built in 1923 and renovated in 2023, the 2,236 sq. ft. building features two separate suites, both leased to reputable tenants. The lower level was fully renovated in 2023. Situated on a 5,663 sq. ft. parcel, the property includes a private parking lot with five spaces and is zoned C2. Offered at an 8.5% cap rate and priced at $349,000.00, this office building is a prime investment in a sought-after location.

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Documents:
Title
1530_S._BIG_BEND_BLVD_BROCHURE.pdf
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