Fully Leased Auto Garage in St. Louis MO!

[Rick Wagner]

Hey everyone,

I have a listing on a fully leased auto garage in south St. Louis City just waiting to be snatched up by an investor looking to add to their portfolio! It is currently leased to two businesses with each business paying $1000 per month. The rent payments are under current market rent, however, the tenants pay utilities, insurance, maintenance, and taxes. Utilities are sub-divided between the two tenants. Rent could be increased $500 per month per tenant.

Details:

6550 sqft

Office area

Tractor Trailer Docks

Corner Lot in a High Traffic Area!

The property is listed at $275,000 and would make a great investment for anyone looking to increase their cashflow or an out of state investor looking to invest in a lower tax state. If interested, please PM me and I can provide more pictures, a financial breakdown, tax records, and MLS printout as well as answer any questions!

Thanks,

Rick