Listed by Coldwell Banker Gundake Saint Charles
$490,000
Dowling Auto Body
Details
APN 27H-64-2298
Property Type Retail, Industrial
Sub Type Auto Shop
Square Footage 5,699
Net Rentable (SqFt) 5,699
Units 1
Cap Rate 6.53%
NOI $32,000
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Term 2
Lease Expiration 06/01/2028
Remaining Term 2
Rent Bumps No
Lease Options 0
Price per SqFt $86
Broker Co-Op True
Class C
Year Built 1964
Year Renovated 1995
Buildings 2
Stories 2
Acreage 0.400
Zoning C2
Parking Spaces 10 spaces
Parking Per SqFt 1.75
Investment Type Owner/User
Tenant Credit No Credit Rating
Lease Commencement 06/01/2026
Ground Lease No
Ownership Private
Generational Auto Body Shop in Lemay
Marketing description
Generational Asset in Lemay. Property sits on nearly half an acre. Property offers multiple service bays and fenced in corner lot. Current tenant has 2 years remaining on lease. Making this a great passive income asset an owner user can assume in 2028 or continue to lease. Building is across from Schnucks and many nation retailers, while being minutes from I-55 and 255.
Investment highlights
Generationl Site
6000 Square Feet +/-
Multiple Bays
Paint Boxes
Fenced in Lot
Waiting Room
Break Room
Restrooms
Listing Contacts
Listed by Coldwell Banker Gundake Saint Charles
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$32,000.00
$2,666.67/mo
Valuation Metrics
0
DSCR
6.53%
Cap Rate
6.53%
ROI
Map
Zoning
C2 CommercialRetail CommercialShopping District
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
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View all 61 uses
View all 61 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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Tax History
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