MO > St Louis > Ivorys
St Louis, MO 63111,8511 Vulcan ST
St Louis, MO 63111,8511 Vulcan ST
St Louis, MO 63111,8511 Vulcan ST
Additional details
Joe LoPiccolo

Joe LoPiccolo

+1(314) 422-0125
$695,000
Est. payment /mo
20,412 SqFt
Save

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial & Indr.

Listing Status Active

Purchase Type For Sale

Square Footage 20,412 sqft

Price per Sqft $34

Subdivision Ivorys

MLS Listing ID 25024761

Construction Status 48

Year Built 1977

Building Age 48

Lot Size 1.533 Acres

Acres 1.533

Lot Dimensions 477' x 140'

Property Sub-Type Commercial & Indr.

Property Description

Investment property with a 10.65 Cap Rate! Building and land for sale with existing tenant in place. Long established business operating now with a new owner, who bought the business and is leasing the whole property. Lease terms are $74,000 annually / $6,166 monthly, triple net, through September 2028. A 5-year renewal option through 2033 contains an increase tied to CPI. Property appraised in July of 2024 for $700,000. Both documents can be made available with a signed NDA. The contiguous vacant undeveloped lots provide plenty of extra ground to build on!
Showing by appointment only with listing agent accompanying, only after first driving by the property and receiving documents for review.

Location

State MO

County St Louis City

Area South City

Zoning J - Industrial

Interior

Heating Individual Unit, Forced Air, None

Cooling Electric, Exhaust Fan, Other

Fireplace N

Exterior

Utilities Available Electricity Available, Gas to Site, Water Available, Sewer Available, Phone Available

Roof Type Flat

Building

Sewer Public Sewer, Sewer Main - 6 Inch

Water Public, Water Main - 2 Inch

Structure Type Conventional,Other

Construction Status 48

Others

Acceptable Financing Conventional, Seller May Pay Some Closing

Listing Terms Conventional, Seller May Pay Some Closing

Special Listing Condition None

Read Less Info
Listed by Jaymes Dearing • RE Source

Get More Information

agent

Joe LoPiccolo

+1(314) 422-0125

Broker Associate | License ID: 2005026477

Broker Associate License ID: 2005026477

Name

Phone*

Message

I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of American Realty Group, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.
Quick Search