1426 Washington Ave St St. Louis, MO 63103
- Retail properties
- 27,045 SF
Current Use by Public Records
- Retail properties
Property Details for 1426 Washington Ave St
- Year built
- 1879
- Property size
- 27,045 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional mixed-use property, located at 1426 Washington Ave, St. Louis, MO 63103, presents a compelling investment opportunity. The 27,045 square foot building, constructed in 1879 and extensively renovated in 2007, boasts a strong 9.36% cap rate and a current NOI of $140,005 with 85% occupancy. This three-story, 9,450 square foot lot features a masonry and heavy timber structure with lightweight concrete floors, each floor encompassing 9,015 square feet. The building includes a new passenger elevator, a complete fire protection system, updated electrical, plumbing, and HVAC systems, new windows, doors, and roof. Interior spaces are fully built-out, many with private restrooms, kitchens, and conference rooms
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
- State
- Missouri
- Longitude
- -90.2007
- Latitude
- 38.6326