Property for Sale: 7570 Watson, St Louis, MO 63119

$2,995,000
$2,995,000
7570 Watson, St Louis, MO 63119
$2,995,000
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Walk Score
48
Price:
$2,995,000

Type: Commercial
Lot Size: 1.67 acres
Taxes Paid: $25,367

City: St Louis
Area: Affton
County: St Louis
Subdivision: Kenneth Mackenzie Sub

MLS: 22013555
Status: Active
DOM: 77 days
Fully-occupied shopping center now available for sale! Route 66 Plaza is an established 14,876 square foot shopping center comprised of 5 tenants. The center was built in 1985 and occupies 1.57 acres. Route 66 Plaza includes a renovated storefront façade and pylon sign along Watson Road. This stabilized retail asset represents an ideal 1031 exchange opportunity given the low maintenance construction of the building, NNN lease structures in place, and attractive CAP rate. The existing tenants have an average of 4 years remaining of the lease term. Below-market rents present a value-add opportunity for future ownership.

Lot & Building Features

Cooling: Central-Electric
Heating: Forced Air
Parking Description: Paved Asphalt
Sewer: Public
Tax ID: 24J-44-0111
Tax Year: 2021
Taxes Paid: $25,367
Water: Public

Price History of 7570 Watson, St Louis, MO

Date Name Price Difference
03/08/2022 Listing Price $2,995,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 7570 Watson, St Louis, MO

Location Map Street View Walk Score Bird's Eye
Photo of Dawn Howell Winkler
Direct: 636-233-4665
Office
St. Louis, MO
314-838-8661
Listed by Manor Brokerage, LLC, Ben Cherry
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0.84697829716194%
4.5%
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Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Manor Brokerage, LLC

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