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    Investment properties

    7014 Chippewa St, Saint Louis, MO 63119-5602

    1,675 SF 0.34 ac lot Built 1948
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US48-0678604
    Property summary
    AI-generated overview

    This exceptional mixed-use property, located at 7014 Chippewa St in the bustling St. Louis Hills neighborhood of Webster Groves, MO, presents a unique owner/user opportunity. The 3,600 square foot free-standing building sits on a 0.34-acre lot and boasts a fully equipped, 2,100 square foot turnkey restaurant on the first floor. The restaurant features existing kitchen equipment including a hood, sinks, cooktops, walk-in refrigerators, and a point-of-sale system. Upstairs, a 1,500 square foot, four-bedroom, one-bathroom residential living area offers potential for reconditioning. A full walkout basement provides ample storage space. The property includes 25-car parking and benefits from excellent visibility with signage opportunities on Chippewa Street, which sees over 40,000 vehicles daily. Zoned F - Neighborhood Commercial and situated within the Housing Conservation District, this location offers easy access to Interstates 44 and 55, the River Des Peres Greenway, and major thoroughfares like Watson Road, Gravois Avenue, and Hampton Avenue. Nearby amenities include Francis Park, Lindenwood Park, and numerous national and local grocers, restaurants, and shopping destinations. The property is ideally suited for an owner-operator seeking a combined commercial and residential space in a densely populated and walkable area. Asking price is $375,000. Occupancy is available November 4, 2024. The two-story building is situated in a prime location within a thriving commercial district.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1948
    Construction CONCRETE BLOCKS
    Total area 1,675 SF
    Lot 0.34 ac (15,001 SF)
    Zoning code F
    APN 634600-01950
    UPID US48-0678604
    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
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Orchid Investment LLC · 5 yrs held
    Orchid Investment LLC
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    F · Saint Louis, MO
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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