Incredible investment opportunity! Currently leased on a 20 year term with 17 years remaining at a 6% cap rate. This less than 5 year old building offers potential for several types of businesses. This property is currently being utilized as a restaurant with 36’x30′ dining room, full kitchen, drive thru, 2 walk in freezers, a back delivery door, 2 guest bathrooms, a back office, and private bathroom. The building offers 2,280 sq/ft on a 0.27 acre corner lot. All owned restaurant equipment included with the sale. Full security monitoring with 18 interior/exterior cameras a large display monitor in office. This space currently offers 66 person occupancy. This property sits at the corner of N Grand Blvd and Page Blvd just blocks from Powell Hall, The Fox Theater, and the SLU Campus.
Basic Details
Property Type : Commercial Sale
Listing ID : 25034824
Price : $999,900
Year Built : 2021
Lot Area : 0.27 Acre
Status : Active
Property Sub Type : Retail
Features
Heating System : Forced Air
Cooling System : Central Air, Electric
Fence : Wood, Partial
Taxes Paid : $0
Flooring : Ceramic Tile
Utilities : Electricity Available, Water Available, Sewer Available, Phone Available, Natural Gas Available
Address Map
Mls Area Major : 5 - North
Additional Information
Electric : 220 Volts,Three Phase,440 Volts
On Market Date : 2025-05-23
Possible Use : Convenience Store,Grocery,Restaurant,Retail