2495 Raymond DR #2495-2499 Active Save Request In-Person Tour Request Virtual Tour
St Charles,MO 63301
Key Details
Property Type Commercial
Sub Type Commercial & Indr.
Listing Status Active
Purchase Type For Sale
Square Footage 6,000 sqft
Price per Sqft $112
Subdivision Flair Forest 04
MLS Listing ID 24057319
Year Built 1985
Building Age 39
Lot Size 0.870 Acres
Property Description
This two unit brick exterior office building on Raymond Dr. in St. Charles offers a newer roof, quick and easy access to I-70 and Hwy 370, and yields approximately a 8.30% CAP Rate (at the asking Lease Rate, List Price, and 2023 expenses).
2495 Raymond Dr.: 4,000 sf of office space was built in 1985 is leased to the State of Missouri for $9.32/sf Modified Gross, or $37290/Year.
2499 Raymond Dr.: 2,000 sf of office space was built in 2007 is now available! This 2,000 sf space is vacant as of September 1, 2024 and is AVAILABLE NOW to an owner user! Also this 2,000 sf is available for Lease at $22.00/sf Modified Gross. The Income and expenses shown herein were for Year Ending in 2023.
Location
State MO
County St Charles
Area St. Charles
Zoning C-3
Interior
Heating Individual Unit,Forced Air
Cooling Electric
Exterior
Utilities Available Cable Available,Electricity Available,Water Available,Sewer Available,Phone Available
Roof Type Asphalt,Pitched
Building
Sewer Public Sewer
Water Public
Structure Type Conventional
Others
Acceptable Financing Cash Only,Conventional
Listing Terms Cash Only,Conventional
Special Listing Condition Some Accessible Features,None