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    OFF-MARKET
    Gas stations

    400 Rusche St, Creve Coeur, IL 61610-3208

    2,019 SF 0.12 ac lot Built 1960
    Individually Owned 5-yr Hold Free & Clear
    Property ID
    US28-1253296
    Property summary
    AI-generated overview

    This exceptional Creve Coeur, Illinois industrial property presents a unique investment opportunity. Priced at $184,900, this offering encompasses three parcels totaling significant square footage. The main building, situated at 400 Rusche Street, boasts 2019 square feet, including a well-appointed office, reception area, restroom, and four service bays equipped with lifts. Across the street, a 1620 square foot pole building features five garage doors, providing ample storage and workshop space. Complementing these structures is a substantial 2376 square foot paved area, ideal for additional storage or maneuvering. Furthermore, an 80x131 foot vacant lot offers considerable expansion potential. The property benefits from a metal roof (installed in 2013) on the main building, along with recent spray foam insulation in the office ceiling and two bays. The pole building features standard insulation. The current owner is not willing to sell the parcels separately. A significant amount of equipment and fixtures will be included in the sale. This turnkey operation is perfect for an established business seeking relocation or an entrepreneur looking to launch a new venture. The property is available for showings after 5:15 PM daily or on weekends. No contract for deeds or leases are available.

    Property profile
    Verified
    Property type Gas stations
    Use group SERVICE STATION (FULL SERVICE)
    Year built 1960
    Total area 2,019 SF
    Lot 0.12 ac (5,227 SF)
    APN 05-05-06-404-001
    UPID US28-1253296
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Phillip L Cousineau · 5 yrs held
    Phillip L Cousineau
    since 2021
    Last sale
    $70,000
    1 recorded transaction
    2021
    $70,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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