7014 Chippewa St St, Louis, MO
2,000± SF building, former restaurant, redevelopment potential.
- Added:
- Apr 23, 2025
- Days on Market:
- 430
- Last Refresh:
- May 20 at 9:47 pm
Property Features for 7014 Chippewa St St
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 0.37 Acres
- Property subtype
- RETAIL
Listing office Hilliker Corporation (314) 781-0001
Listing date Apr 23, 2025
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Hilliker Corporation
HighLights
- High‑Visibility Corridor Location
- Potential Redevelopment Site - QSR with Drive‑Thru
- 2,000± Sq Ft Building on a .34± Acre Site
- Former “El Maguey” Mexican Restaurant
- Redevelopment Potential
- Drive‑Thru Potential
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $44.6k | $22.32 |
| − Vacancy | −$6.2k | −$3.10 |
| EGI | $38.4k | $19.22 |
| − OpEx | −$11.5k | −$5.77 |
| NOI | $26.9k | $13.45 |
Alternative Uses
Current Use by Public Records
Map
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.1928
- Latitude
- 38.6305
