Description
Tons of road frontage at this 2 unit, 2550 sqft concrete block corner lot building. High traffic area, zoned 24B3. Immediate positive cash-flow investment. Currently occupied with 2 long-term tenants willing to stay; currently on month-to-month agrmt. Rent brings $3100 mo. giving 9.9% cap rate. Currently rented as automotive shop and window tinting. Other uses include - Convenience Store, Food Store, Gas Station, Laundromat, Meeting Hall, General Office or Retail. Automotive shop has 2 garage doors, one oversized for taller vehicles. It also has an office/reception area, storage rm, bathrmand stairs to upper-level storage. Window tinting shop also has a bathrm, office/reception area & 1 standard garage entry door. Plenty of parking around building for about 17 cars. Florissant has a street improvement project for N Lafayette with Sidewalks & Islands (completion within the next 2-3yrs?). With the great visibility and accessibility, this could be made into anything.
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0BEDS
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0.33ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Tons of road frontage at this 2 unit, 2550 sqft concrete block corner lot building. High traffic area, zoned 24B3. Immediate positive cash-flow investment. Currently occupied with 2 long-term tenants willing to stay; currently on month-to-month agrmt. Rent brings $3100 mo. giving 9.9% cap rate. Currently rented as automotive shop and window tinting. Other uses include - Convenience Store, Food Store, Gas Station, Laundromat, Meeting Hall, General Office or Retail. Automotive shop has 2 garage doors, one oversized for taller vehicles. It also has an office/reception area, storage rm, bathrmand stairs to upper-level storage. Window tinting shop also has a bathrm, office/reception area & 1 standard garage entry door. Plenty of parking around building for about 17 cars. Florissant has a street improvement project for N Lafayette with Sidewalks & Islands (completion within the next 2-3yrs?). With the great visibility and accessibility, this could be made into anything.
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