Current Use by Public Records
- Warehouses
Property Details for 2727 Jefferson Ave St
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 26,100-square-foot warehouse in St. Louis, Missouri, presents a compelling investment opportunity. Located at 2727 S Jefferson Ave, in the desirable Benton Park neighborhood, this multi-tenant property boasts a prime location with convenient access to major highways and local amenities, including numerous restaurants. The building currently houses two existing tenants, offering immediate cash flow. A significant portion of the space is available for lease, including a former recording studio that can be subdivided to accommodate various needs. The property includes a first-floor office space of 1,400 square feet, currently leased at $1,400 per month, and a first-floor warehouse space of 750 square feet, leased at $315 per month. Additional second-floor office spaces ranging from 175 to 1,325 square feet are also available, with monthly lease rates ranging from $225.80 to $1,709.61. An adjacent 23-car parking lot provides ample parking for tenants and visitors. The asking price for this exceptional property is $1,700,000. This is a rare opportunity to acquire a well-located, income-producing warehouse in a thriving St. Louis neighborhood. The property's diverse layout and existing tenancy make it an ideal investment for both seasoned and emerging real estate investors. The combination of existing income and potential for future lease growth makes this a highly attractive proposition.
Value Estimations
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.1928
- Latitude
- 38.6305
