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4014 Chouteau Avenue
St. Louis, MO 63110
Asking Price
$825K
Asset Type
Commercial Land
Class
Class B
What's Special
Freestanding retail at "The Wedge" | Gateway to The Grove | 3,826 SF | 28 parking | Opp. Zone <ul><li>Premier corner position at "The Wedge" – intersection of Chouteau, Manchester & Vandeventer Ave</li><li>0.30 AC lot </li><li>Zoned G – General Commercial</li><li>Site is located within an Opportunity Zone, CID District and eligible for Tax Abatement</li><li>Direct access to I-64, I-44, Forest Park, Central West End, BJC/Wash U Medical & SLU/SSM Health campuses</li><li>235' of Chouteau Ave frontage & 279' of Vandeventer Ave frontage</li></ul>
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NOI
$80,000
Cap Rate
9.70%
DSCR
1.63
Strong
Cash-on-Cash
12.53%
Monthly Payment
$4,081.65
Annual Cash Flow
$31,020.202
