6831 Manchester Avenue

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6831 Manchester Avenue

St. Louis, MO 63143
Asking Price
$400K
Asset Type
Traditional Office Office
Class
Class B

What's Special

4,000 SF Owner/User or Investment Building For Sale | Manchester Ave | St. Louis <ul><li>​Owner/User opportunity - 4,000 SF fully vacant and available across two floors (2,000 SF each)</li><li>​Both levels available for lease: Upper at $12 PSF + Utilities; Lower at $18 PSF NNN</li><li>​Recent capital improvements: new HVAC, front doors, Helitech waterproofing, aluminum roof treatment</li><li>​21,734 VPD on Manchester Ave | Quick access to Maplewood amenities</li><li>​Lower level previously improved for daycare use - flexible for range of commercial/office uses</li><li>​Avg H

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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.982
Annual Cash Flow
$56,252.219

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