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4900 Washington Blvd 8,800 SF 100% Leased Office Building Saint Louis, MO 63108 $975,000 ($110.80/SF) 5.77% Cap Rate
EXECUTIVE SUMMARY
Six corners. There are six corners on Euclid between Delmar and Forest Park in the Central West End. If you remove the condo buildings, churches, hospitals, and new construction from the mix, one is left with twelve buildings. Here's your chance to own one of the CWE trophy buildings. 449 N. Euclid/4900 Washington is a mansion converted in to 10 unique office spaces, each with their own distinct finishes. Charm and history flow through the building - Fireplaces, pocket and French entry doors, a new third floor live/work space, and an occupied walkout basement. All spaces are leased, some are very long term businesses and some are newer - Just like the building, it's the perfect mix of new and old. Oh, and there's a parking lot. Maybe it's a future building? Maybe it stays a parking lot? I don't know, that's for you to decide.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
8,800 SF
Building Class
B
Year Built
1907
Price
$975,000
Price Per SF
$110.80
Cap Rate
5.77%
NOI
$56,250
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
1,528 SF
Slab To Slab
10’
Building FAR
1.35
Lot Size
0.15 AC
Zoning
F - Neighborhood Commercial
Parking
8 Spaces (2.97 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Bus Line
- Controlled Access
- Central Heating
- Hardwood Floors
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Absolutely In!
- -
- -
- -
- -
- Central West End Neighborhood
- -
- 500 SF
- -
- -
- Paragon Architecture
- -
- 500 SF
- -
- -
- Skiwise Health & Wellness Services
- -
- 500 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Absolutely In! | - | - | - | - | ||
| Central West End Neighborhood | - | 500 SF | - | - | ||
| Paragon Architecture | - | 500 SF | - | - | ||
| Skiwise Health & Wellness Services | - | 500 SF | - | - |
Walk Score®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 38790601500 | Improvements Assessment | $106,100 |
| Land Assessment | $15,100 | Total Assessment | $121,200 |
PROPERTY TAXES
Parcel Number
38790601500
Land Assessment
$15,100
Improvements Assessment
$106,100
Total Assessment
$121,200
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4900 Washington Blvd
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