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8158 Big Bend Blvd
Webster Groves, MO 63119

Webster Groves Investment Opportunity · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
1,716 SF
Year Built/Renovated
1918/2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.79
Lot Size
0.05 AC
Zoning
C-Commercial
Parking
79 Spaces (10 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Restaurant
  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning

About 8158 Big Bend Blvd , Webster Groves, MO 63119

Great Webster Groves Missouri Location. This single tenant investment property located in the heart of the “Old Orchard” Business District. There are over 114 business in the district. The Old Orchard Business District is that stretch of Big Bend Boulevard between Laclede Station Road and the fork at Lockwood Avenue and is cosmopolitan in its business offerings including a wide range of eating options, many of which keep nearby Webster University and Nerinx Hall students and faculty caffeinated and calorified. Webster University-Main Campus is home to over 4474 students and 1475 faculty and staff along with Nerinx Hall 585 students and 68 faculty. The economic impact from Webster University is significant over $1.2 Million new income generated for the City of Webster Groves from University-affiliated outside-of-city visitors attending University events and $.8 Million added income from students who relocated to ad spent money in Webster Groves. Webster Groves received national attention over 50 years ago in a 1-hour CBS Documentary “Sixteen in Webster Groves." Webster Groves has been named a Missouri Creative Community, one of America’s 100 Best Places to Live by Money magazine, one of the Best Cities for Families in America by Family Circle magazine, and is consistently included on lists of the Safest Cities in Missouri. According to a recent CoStar Survey, there are 153 commercial properties in Webster Groves with an average rent per square foot of $20.95 and a 1.9% vacancy rate. 3rd quarter 2017 cap rate for properties sold was 6.4% making this a very attractive investment for any investor.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23K-63-0952
Land Assessment
$6,980
Improvements Assessment
$153,440
Total Assessment
$160,420
  • Listing ID: 11103631

  • Date on Market: 12/30/2017

  • Last Updated:

  • Address: 8158 Big Bend Blvd, Webster Groves, MO 63119

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