Under Contract

2612 Telegraph Road

St Louis, MO 63125
9,534 sqft
$345,000
Photo of 2612 Telegraph Road St Louis MO 63125

Details

DO NOT DISTURB TENANTS. Prime investment opportunity! The retail center at 2608-2616 Telegraph Rd in the Affton-Lemay area features four long-term established tenants with leases, providing steady income and stability. Current lease rates are below market, offering significant value-add potential. This center encompasses two buildings totaling +/-9,500 SF and sits on a paved lot with 20 parking spaces and features a roof replaced within the last 10 years, along with recent updates to tuckpointing, awnings, and HVAC systems. Tenants cover electric, gas, water, and trash expenses. Strategically located near major roads and amenities, this property combines solid cash flow with room for increased returns, making it an excellent addition to any investor’s portfolio.

Specs

Type Commercial
Square Footage 9,534 sqft
Lot Size 0.55 acres
Year Built 1955
Taxes Paid $12,197

Lots & Building Features

Construction Conventional
Cooling Electric
Heating Forced Air
Parking Description Asphalt, Parking Lot
Sewer Public Sewer
Tax Year 2024
Water Public

Room Details

Misc Description 2+ Lavatories, Alley, Building Sign, Exterior Lighting, Pole Sign, Smoke Alarm/Detec

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Financing

$
20%
3.5353623188406%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City St Louis
County St Louis
Subdivision Carondelet Commons
Jack Cleary & Patrice TenBroek, RE/MAX Results