3987 Gravois Rd, House Springs, MO 63051

$215,000

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List Price
$215,000
Days on Site
0
MLS#
26050344
Status
ACTIVE
Lot Size
67,518
Acres
1.55
Subdivision
none
Municipality
Northwest
County
Jefferson
Year Built
1940
Listing Type
Commercial

Property Description

Looking for a storefront? Looking for rental income? Looking for a property where your tenants help pay the mortgage? Situated on a unique mixed-use property with commercial zoning in the front and residential zoning in the rear, this one offers incredible flexibility with two separate buildings and up to six individual income-producing or usable spaces. The front building (approximately 2,357 sq. ft.) is ready to serve a variety of commercial or mixed-use needs. The main level features storefront or office space, while the second floor offers a separate residential unit. A second 1 Bedroom residential unit with exterior entrance is on the main level. A one-car garage adds even more storage or rental potential. The rear building offers approximately 1,192 square feet and presents an outstanding value-add opportunity. Originally being converted into a duplex, one side is ready for drywall and finish work, while the other provides a framed-in efficiency unit ready for you to finish. Operate your business in the front while rental income helps offset your expenses. Live in one unit and lease the rest. Create a fully income-producing property. Develop the residentially zoned back of the property into duplexes. The possibilities here are truly hard to match. With ample front parking, commercial visibility, separate electric service to multiple units, and a rare combination of commercial and residential zoning, this is a rare chance to own a property that can adapt right along with your goals. Bring your vision and unlock this property's incredible potential.

Additional Information

Parking Description
Asphalt, Parking Lot
Cooling
Window/Wall
Heating
Other
Water
Well
Selling Terms
Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty St. Louis.

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