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408 Jefferson St
Saint Charles, MO 63301
Office Property For Sale


Investment Highlights
- New roof being installed.
- 3 blocks from Main Street Saint Charles
- Next to Saint Joseph Hospital SSM
Executive Summary
Since listed: New roof going on ASAP, rear deck just replaced. Also listed on MLS. St Charles City has a new 6 unit listing! Directly across Jefferson St. from St. Joseph's Hospital and 3 blocks from Main Steet Saint Charles. All tenants have occupied for a long time and are in the counseling/therapy businesses. Dual hvac systems, one is only a few years old. Kitchenette at the rear of the building, shared by tenants with full fridge, microwave and water cooler. Main floor has one full bath shared by tenants, but one of the offices upstairs has its own private bath. A large waiting room awaits visitors with 4 offices on the main level. Two more offices upstairs with another small waiting area. A 40x67 parking lot fits 8 cars. Current owner rents one of the offices through her own business and will be staying. They are open to discussing a continuation of management on a small scale.
Property Facts
Sale Type
Investment
Property Type
Building Size
3,737 SF
Building Class
B
Year Built
1890
Price
$375,000
Price Per SF
$100.35
Cap Rate
6.41%
NOI
$24,040
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,700 SF
Building FAR
0.71
Lot Size
0.12 AC
Zoning
Commercial
Parking
8 Spaces (3.33 Spaces per 1,000 SF Leased)
Amenities
- Reception
- Storage Space
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 6-009D-B127-00-0012.0000000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $84,702 |
Property Taxes
Parcel Number
6-009D-B127-00-0012.0000000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$84,702
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