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6680 Chippewa St 10,000 SF 70% Leased Office Building Saint Louis, MO 63109 $1,995,000 ($199.50/SF) 7.17% Cap Rate
EXECUTIVE SUMMARY
This well-located 11,731 SF office building sits along one of South St. Louis’s most established commercial corridors, offering strong visibility and convenient access to I-44. The property presents an excellent owner-user opportunity, with the entire first floor delivered vacant at closing for immediate occupancy, while a portion of the building remains occupied by an established medical user providing in-place income.
The functional office layout is suitable for medical or professional use and is supported by abundant on-site parking. Located in a proven South St. Louis submarket with strong residential density and nearby retail amenities, the property benefits from consistent traffic flow and long-term market stability.
The functional office layout is suitable for medical or professional use and is supported by abundant on-site parking. Located in a proven South St. Louis submarket with strong residential density and nearby retail amenities, the property benefits from consistent traffic flow and long-term market stability.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
10,000 SF
Building Class
C
Year Built
1952
Price
$1,995,000
Price Per SF
$199.50
Cap Rate
7.17%
NOI
$143,062
Percent Leased
70%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,000 SF
Building FAR
0.48
Lot Size
0.48 AC
Zoning
F
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
- 1st Fl-Ste 1
- 2,392 SF
- Office
- Shell Space
- Now
- 1st Fl-Ste 2
- 635 SF
- Office
- Shell Space
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 1 | 2,392 SF | Office | Shell Space | Now |
| 1st Fl-Ste 2 | 635 SF | Office | Shell Space | Now |
1st Fl-Ste 1
| Size |
| 2,392 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
1st Fl-Ste 2
| Size |
| 635 SF |
| Space Use |
| Office |
| Condition |
| Shell Space |
| Available |
| Now |
1 1
PROPERTY TAXES
| Parcel Number | 6195-00-0040-0 | Improvements Assessment | $210,900 |
| Land Assessment | $67,300 | Total Assessment | $278,200 |
PROPERTY TAXES
Parcel Number
6195-00-0040-0
Land Assessment
$67,300
Improvements Assessment
$210,900
Total Assessment
$278,200
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6680 Chippewa St
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