$360,000
$345,000
4.3%For more information regarding the value of a property, please contact us for a free consultation.
2612 Telegraph RD St Louis, MO 63125
9,534 SqFt
Key Details
Sold Price $360,000
Property Type Commercial
Sub Type Commercial & Indr.
Listing Status Sold
Purchase Type For Sale
Square Footage 9,534 sqft
Price per Sqft $37
Subdivision Carondelet Commons
MLS Listing ID MAR25002005
Sold Date 02/24/25
Construction Status 70
Year Built 1955
Building Age 70
Lot Size 0.548 Acres
Acres 0.5481
Property Sub-Type Commercial & Indr.
Property Description
DO NOT DISTURB TENANTS. Prime investment opportunity! The retail center at 2608-2616 Telegraph Rd in the Affton-Lemay area features four long-term established tenants with leases, providing steady income and stability. Current lease rates are below market, offering significant value-add potential. This center encompasses two buildings totaling +/-9,500 SF and sits on a paved lot with 20 parking spaces and features a roof replaced within the last 10 years, along with recent updates to tuckpointing, awnings, and HVAC systems. Tenants cover electric, gas, water, and trash expenses. Strategically located near major roads and amenities, this property combines solid cash flow with room for increased returns, making it an excellent addition to any investor's portfolio.
Location
State MO
County St Louis
Area Mehlville
Zoning C-2 Shopping District
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Utilities Available Electricity Available, Gas to Site, Water Available, Sewer Available
Roof Type Flat
Building
Sewer Public Sewer
Water Public
Structure Type Conventional
Construction Status 70
Others
Special Listing Condition No Exemptions, None
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