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1929 12th Street

St Louis, MO 63104

Property Overview
Price: $1,340,000
City: St Louis
County: St Louis City
Sale/Lease: Sale
Status: Active
MLS Number: 25028696
Property Description
Are you craving a Grade-A prime investment opportunity? Get 12th Street while it’s hot! We’re serving up this fully leased, mixed-use commercial building; boasting a 10% cap rate with consistent cash flow. Gut-rehabbed & fresh out the kitchen, this building offers a perfect blend of residential & commercial spaces, appealing to a diverse tenant base. The 1st floor featuring a modern, fully renovated restaurant with established tenant, high foot traffic & large patio. 2nd & 3rd floor each hold 2 beautifully renovated apartments featuring updated kitchens, baths, electric, mechanical, plumbing & contemporary finishes. Each unit has been meticulously upgraded with top-tier materials; ensuring minimal maintenance & maximizing tenant satisfaction. Located in the vibrant Soulard area which has excellent visibility/accessibility, this property offers both stability & growth potential. Get in on this turn-key investment special before it’s 86’ed off the menu...aka SOLD! CHEERS! Location: City, Corner Location, High Traffic
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Listing Brokered by Lou Realty Group
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