Property profile

109 N Kirkwood Rd St Louis, MO 63122

FOR SALE
Turn key restaurants
Property ID
US48-0887073
6,475 SF 0.11 ac lot Built 1985
Individually Owned 13-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6,475-square-foot retail building presents a rare investment opportunity in the heart of Kirkwood, Missouri. Located at 109 & 111 N. Kirkwood Road, this historic property, built in 1895, boasts a prominent position on Kirkwood Road and is listed on the National Register of Historic Places. Its convenient location is just steps away from the Kirkwood Railroad Station, placing it in the center of the vibrant downtown area. The building is currently configured into three distinct spaces: a 2,511-square-foot restaurant, a 1,304-square-foot hair salon, and a 2,660-square-foot second-floor office space. This versatile layout offers significant potential for a variety of uses, making it an ideal investment for both established businesses and new ventures. The asking price for this unique and well-situated property is $1,350,000. All square footage measurements are approximate. This is a chance to own a piece of Kirkwood's rich history and capitalize on its thriving commercial environment. The property's prime visibility and central location ensure high foot traffic and excellent exposure. Don't miss this opportunity to acquire a truly exceptional retail property in a highly desirable location.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1985
Construction METAL FRAME
Total area 6,475 SF
Lot 0.11 ac (5,001 SF)
Zoning code 32B2
APN 23M-1-2-035-2
UPID US48-0887073

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hair Salon Nail Salon

Location

109 N Kirkwood Rd St Louis, MO 63122
Louis metro Census 218300 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
$762k
Blend (final) Blend
$365k

Owner & transaction history

since 2013
3 recorded transactions
2013
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

32B2 · Saint Louis, MO

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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