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Payton Blaylock

payton@blaylockgroup.com +1(618) 780-4622

$185,000

Est. payment - /mo

1,668 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active Under Contract

Purchase Type For Sale

Subdivision Benton Add

MLS Listing ID 26040568

Year Built 1926

Annual Tax Amount $3,114

Lot Size 1,668 Sqft

Acres 0.0383

Property Sub-Type Retail

Property Description

Outstanding Mixed-Use Investment Opportunity in the Heart of the City! This versatile two-story corner property offers endless possibilities for investors, entrepreneurs, and owner-occupants alike. The first building previously operated as a successful grocery store and deli in a high-traffic location and is now vacant, ready for its next business venture. Most commercial equipment is owned and included in the sale, including two deep fryers, a brand-new commercial grill, stainless steel prep tables, and a four-compartment sink, allowing you to hit the ground running. Above the commercial space is a beautifully updated, spacious one-bedroom apartment with four rooms, an open floor plan, newer vinyl flooring, fresh paint, and abundant natural light, ideal for owner-occupancy or rental income. The full basement provides ample storage for both residential and commercial use. Major improvements include approximately one-year-old furnaces and air conditioning units, a one-year-old water heater, a sewer lateral replaced approximately three years ago, a roof approximately three years old, newer flooring throughout, and a private fenced backyard. The second building has been completely gutted and is ready for your vision. With newer siding, newer windows, and a full basement, it offers tremendous potential for additional commercial space, storage, a workshop, or future redevelopment. Situated on a highly visible corner lot with excellent traffic exposure, this unique property presents an exceptional opportunity to live upstairs while operating your business below, lease both spaces for maximum income potential, or redevelop to suit your investment goals. Rarely does a property with this much flexibility, equipment, and upside become available. Schedule your private showing today! The property is to be sold as-is. Seller will not provide any inspection or repair.

Location

State MO

County St Louis City

Area 3 - South City

Interior

Heating Natural Gas

Cooling Central Air, Electric

Flooring Vinyl

Fireplace N

Exterior

Fence Partial, Wood

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

Building

Water Public

Structure Type Brick

Others

Ownership Private

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listing As Is

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Listed by Sarah Nguyen-Bani • RE/MAX Results

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Payton Blaylock

+1(618) 780-4622

Agent License ID: IL: 475.163463 MO: 2019012838

4661 Virginia AVE St Louis, MO 63111

Payton Blaylock

Key Details

Location

Interior

Exterior

Building

Others

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4661 Virginia AVE