Properties

Commercial Sale For Sale

3225 Chippewa Street, St Louis, Missouri 63118

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Property Description

Super well maintained all brick 2-story mixed-use building in the heart of the city. You don’t want to miss out on this excellent opportunity that’s perfect for an Owner/Occupant and/or Investor. You could live on the 2nd floor (in the spacious 2bed 1 bath 1,300sqft unit) & collect the $1,300 a month lease on the Main floor to cover your mortgage. This is also perfect for the savvy Investor that could collect rent from both units ($900/mth2mth & $1,300/main til 12/26) and take advantage of its solid 12.25% cap rate. Please see attached Rental Property Verification. Either way, it’s a Win Win! Have a peace of mind w/ the newer systems throughout & the newly renovated Main floor that includes 2 bathrooms, 2 side rooms, an open floor plan & a kitchen hood system. The building has great bones and plenty of lower level storage. There is enclosed parking/yard out back & an oversized patio side walk on the front & side. Come grow & be a part of the Chippewa Business District & community.

Basic Details
Property Type : Commercial Sale
Listing ID : 25038232
Price : $189,900
Year Built : 1917
Lot Area : 0.08 Acre
Status : Active
Features
Heating System : Forced Air, Natural Gas
Cooling System : Central Air, Ceiling Fan(s), Gas
Fence : Wood
Taxes Paid : $0
Flooring : Laminate
Laundry Features : In Basement, 2nd Floor
Utilities : Phone Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected, Natural Gas Connected
Appliances
Appliances : Refrigerator, Electric Range
Address Map
Mls Area Major : 2 - Central East
Additional Information
Electric : 220 Volts
Foundation Details : Stone
On Market Date : 2025-06-02
Possible Use : Commercial,Convenience Store,Grocery,Other,Professional Service,Professional/Office,Residential,Restaurant,Retail
Stories Total : 2
Water Source : Public
Building Size : 4042
Business Type : Health Services
Construction Materials : Brick, Vinyl Siding, Stone
Current Use : Mixed Use, Investment
Financial
Tax Annual Amount : 627
Listing Information
List Agent Mls Id : MIABERNA
List Office Mls Id : MORE01
Listing Term : 1031 Exchange,Cash,Conventional
Mls Status : Active
Modification Timestamp : 2025-06-02T17:56:38Z
Originating System Name : MARIS
Special Listing Conditions : Standard
Status Change Timestamp : 2025-06-02T17:55:02Z
Commercial Sale
  • Listing ID : 25038232
  • Lot Area : 0.08 Acre
$189,900
Agent info
1 Degree Realty
8930 Gravois Road
Contact Agent