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Investment Highlights
- Fully renovated building with updated office and warehouse finishes
- Secure, paved lot with automated gate and fuel tank onsite
- Income-producing with month-to-month tenancy in place
- 10 dock doors plus 1 ramped dock door for efficient loading
- Zoned K “unrestricted” for flexible industrial use
Executive Summary
Positioned in the heart of St. Louis’ industrial corridor, 510 Thatcher Avenue offers a rare opportunity to acquire a fully renovated truck terminal on ±3.32 acres. This ±7,427 SF facility underwent a comprehensive building renovation in 2022, including a modernized 30% office finish and refreshed warehouse/terminal space. The site is optimized for logistics and distribution, featuring 10 dock doors, 1 ramped dock door, and a fully paved and fenced yard with automated gate access for secure operations.
The property’s zoning designation of “K – unrestricted” provides exceptional flexibility for industrial users, while the presence of an above-ground fuel tank adds operational convenience. Located near N. Broadway and major thoroughfares, the site offers seamless connectivity to regional transportation networks and is well-positioned for last-mile delivery or fleet operations.
Currently generating month-to-month income, this asset presents both immediate cash flow and long-term upside for owner-users or investors. With its strategic location, turnkey condition, and infrastructure in place, 510 Thatcher Avenue is a compelling acquisition for logistics, transportation, or industrial service providers seeking a foothold in the St. Louis market.
The property’s zoning designation of “K – unrestricted” provides exceptional flexibility for industrial users, while the presence of an above-ground fuel tank adds operational convenience. Located near N. Broadway and major thoroughfares, the site offers seamless connectivity to regional transportation networks and is well-positioned for last-mile delivery or fleet operations.
Currently generating month-to-month income, this asset presents both immediate cash flow and long-term upside for owner-users or investors. With its strategic location, turnkey condition, and infrastructure in place, 510 Thatcher Avenue is a compelling acquisition for logistics, transportation, or industrial service providers seeking a foothold in the St. Louis market.
Property Facts
| Sale Type | Investment | Year Built | 1964 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Truck Terminal | Clear Ceiling Height | 14’ |
| Building Class | C | No. Dock-High Doors/Loading | 10 |
| Lot Size | 3.32 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 7,427 SF | Opportunity Zone |
Yes
|
| No. Stories | 1 | ||
| Zoning | K - Unrestricted | ||
| Sale Type | Investment |
| Property Type | Industrial |
| Property Subtype | Truck Terminal |
| Building Class | C |
| Lot Size | 3.32 AC |
| Rentable Building Area | 7,427 SF |
| No. Stories | 1 |
| Year Built | 1964 |
| Tenancy | Single |
| Clear Ceiling Height | 14’ |
| No. Dock-High Doors/Loading | 10 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | K - Unrestricted |
Amenities
- Fenced Lot
- Storage Space
- Air Conditioning
Utilities
- Water - City
- Sewer - City
- Heating - Gas
Property Taxes
| Parcel Number | 4221-00-0030-0 | Improvements Assessment | $151,800 |
| Land Assessment | $27,700 | Total Assessment | $179,500 |
Property Taxes
Parcel Number
4221-00-0030-0
Land Assessment
$27,700
Improvements Assessment
$151,800
Total Assessment
$179,500
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