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618-277-4400

Redevelopment Opportunity with Leaseback

$895,000

Listing Resources

Listing Description

24,423 SF redevelopment opportunity available for sale and leaseback of 4,882 SF.

Four-story building with a minimum of 5,735 SSF per floor. Building footprint comes with three additional out lots totaling 0.48 acres for surface parking. Professional office suites on each level accessible via elevator and stairwells. Highly visible location overlooking the Downtown Highland Square. Great opportunity for redevelopment. Downtown Highland Square & Plaza Park is located across the street which encompasses multiple restaurants and retail establishments.

Located in heart of Midwest, proximity to St. Louis (30 miles east). Accessibility to two major highways (I-70 and I-55), class one rail bisects through the city, four airports less than an hour away and 2 ports within 60 miles.

Sale Price: $895,000
Showings available by appointment only.

Listing Details

Listing No : 2539
Sale Or Lease : For Sale
Property Type(s) : Office, Office - General Office
Building Size (Sqft) : 24,541 Sqft
Lot Size (Acres) : 0.92 Acre(s)
Sale Price : $895,000
Sale Price Per Sqft : $36.65
Parcel No : 01-2-24-05-07-202-033
Zoning : C-2
Zoning By : Highland
Parking : 50
Parking Surface Type : Asphalt
Property Tax : $39,160
Tax Year : 2023
Traffic Count : 7,000
Year Built : 1982
Rehab Year : 2000
Class : B
Clearance Min : 7 ft
Clearance Max : 10 ft
Floors : 4
Acres : 0.43 Acre(s)
Frontage : 132 ft
Depth : 157 ft
Interstate : I-70/I-55

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