1530 S Big Bend Blvd | Richmond Heights, MO 63117
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1530 S Big Bend Blvd
Richmond Heights, MO 63117
Richmond Heights Small Office Building · Office Property For Sale
Investment Highlights
- Investment or owner-user opportunity.
- Located on S. Big Bend Blvd. in Richmond Heights, St. Louis County, MO.
- Lower level fully renovated in 2023.
- Fully occupied 2-unit office building for sale.
- Building consists of two separate suites both leased to reputable tenants.
- 5,663 s.f. parcel includes a private parking lot with 5 spaces. and Offered at an 8.5% cap rate.
Executive Summary
This fully occupied 2-unit office building, located at 1530 S Big Bend Blvd, Richmond Heights, St. Louis County, MO, presents an excellent investment opportunity. Built in 1923 and renovated in 2023, the 2,236 sq. ft. building features two separate suites, both leased to reputable tenants. The lower level was fully renovated in 2023. Situated on a 5,663 sq. ft. parcel, the property includes a private parking lot with five spaces and is zoned C2. Offered at an 8.5% cap rate and priced at $349,000.00, this office building is a prime investment in a sought-after location.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
2,236 SF
Building Class
C
Year Built
1923
Price
$349,000
Price Per SF
$156
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,118 SF
Building FAR
0.39
Lot Size
0.13 AC
Zoning
AB - Commercial
Parking
2 Spaces (0.89 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 20J-24-0270 | Improvements Assessment | $45,310 |
| Land Assessment | $14,500 | Total Assessment | $59,810 |
PROPERTY TAXES
Parcel Number
20J-24-0270
Land Assessment
$14,500
Improvements Assessment
$45,310
Total Assessment
$59,810
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