5874 Delmar Blvd St St. Louis, MO 63112
- Retail properties
- 3,500 SF
Current Use by Public Records
- Isalis / Gift Shop / Boutique
- Party City / Party Store / Balloon Store
- Skunk Funk / Wholesaler / Clothing Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop
Property Details for 5874 Delmar Blvd St
- Property size
- 3,500 SF
- Property type
- Retail properties
- Property subtype
- Apartment buildings
Description
This exceptional investment opportunity presents a two-story, 3,500 square foot multifamily building located at 5874 Delmar Boulevard in St. Louis, Missouri, zip code 63112. Currently operating at 100% occupancy, this property boasts a strong net operating income (NOI) of $47,040 (estimated). The building features approximately 1,750 square feet per floor, offering efficient floor plates. The property is a mixed-use building, with the first floor occupied by a non-profit tenant and the second floor dedicated to apartment units. Convenient off-street parking is available for residents and tenants. The asking price for this fully leased property is $500,000, making it an attractive addition to any investment portfolio. This prime St. Louis location offers excellent potential for future growth and strong rental income. The property is classified as both retail and multifamily, providing a diversified income stream. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Louis
- County
- Saint Louis
- State
- Missouri
- Longitude
- -90.2896
- Latitude
- 38.6542
