2495-2499 Raymond DrSaint Charles, MO 63301

For Sale
$650,000

6,000 SF Office Building, 8.3% Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a two-unit, 6,000 square foot Class B office building situated on a 0.87-acre lot at 2495-2499 Raymond Dr., Saint Charles, MO 63301. The property features a one-story brick building constructed in 1985, with renovations completed in 2007, including a newer roof. The building boasts 55 parking spaces and is zoned C-3. Currently, the property has two tenants

Highlights

  • Two-unit, 6,000 SF Class B office building on a 0.87-acre lot in St. Charles, MO.
  • One-story brick building with a newer roof, built in 1985 (renovations in 2007).
  • Excellent location with easy access to I-70 and Hwy 370.
  • 55 parking spaces and C-3 zoning.
  • One unit (4,000 SF) leased to the State of Missouri at $9.32/SF Modified Gross ($37,290/year).
  • Second unit (2,000 SF) available for lease or owner-user occupancy at $18.00/SF Modified Gross.

Property Details for 2495-2499 Raymond Dr

Property type
Other retail properties, Other office properties
Square Feet
6,000 SF
Class
B
Year Built/Renovated
1985/2007
Buildings
1
Stories
1
Lot Size (sq. ft)
37,897 SF
Units
2

Location Insight

City
Saint Charles
County
St. Charles
State
Missouri
Latitude
38.786873350186
Longitude
-90.51316886197
2495-2499 Raymond Dr, Saint Charles, Missouri

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2495-2499 Raymond Dr
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