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26710370
24726456

7716 S Broadway, St. Louis, MO 63111

JD
MO 1999123519
Red Key Realty
Listed by Red Key Realty
$400
328 days on market
Updated 99 days ago
Opportunity zone

7716 S Broadway

Details
Property Type Office
Sub Type Creative Office
Units 15
Tenancy Multi
Lease Type Modified
Rent Bumps Yes
Broker Co-Op Yes
Class B
Year Built 1895
Year Renovated 2019
Buildings 1
Stories 3
Zoning F - Neighborhood Commercial
Parking Spaces 16 per unit

Co-Working offices for rent on a monthly basis $400 each and one storefront for $800 inclusive!

Marketing description

Co Working Carondelet hosted by RE Source. 7716 Broadway South. Historically renovated 6 years ago into modern offices, conference room, retail storefront space and equipped with a full stocked kitchen, ample secure lit parking in the rear, security system, full ADA accessibility and even an elevator (lift).Private offices are only $400: including a locking glass windowed door, furniture - if you want or need it, mail handling, office supplies, beverages and snacks are included. All utilities are included. It's time to get that business plan going, quit officing out of your spare bedroom at home, or stocking and selling out of your garage or basement. We're here to help you with your business! Location: City, High Traffic counts, too. Now also available is the attached storefront of 700 SF (35’x20’) for only $800 all-inclusive!!!

Investment highlights

  • The entire mixed-use building may be purchased directly from the owner, who could lease back some of the spaces. There a two 2-bedroom apartments on the 3rd floor, both of which are leased.

  • Currently the property grosses $5,270 monthly.

  • There are 6 unrented offices at $400 each leaves a potential additional rents at $2,400.

  • Renovation costs in 2019 were $614,000.

  • Asking price is $795,000

  • Not actively marketed or listed for sale.

Listing Contacts

JD
MO 1999123519
Red Key Realty
Listed by Red Key Realty

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