Commercial for Sale: 4132 Shoreline Drive, Earth City, MO 63045 SOLD
33,160 sqft
$1,650,000
$1,650,000
4132 Shoreline Drive,
Earth City, MO 63045 SOLD
33,160 sqft
$1,650,000
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Selling Price: $1,650,000
Original List Price: $2,199,000
Sold at 75.0% of list price
Sold Date: 08/09/2021
Type Commercial
Total Living Area 33,160 sqft
Lot Size 2.97 acres
Year Built 1985
Taxes Paid $40,073
City Earth City
Area Hazelwood West
County St Louis
Subdivision Earth City 2 Lt 4748 Amd Lt
MLS 18046312
Status Closed
DOM 961 days
4132 Shoreline Drive is a 100% Occupied, Stabilized Investment Opportunity. This Multi-Tenant Office/Warehouse Property is Offered at an 8% Cap Rate. The Sale includes a 2.97 Acre Parcel with a 33,160 S.F. Building, Built in 1985. Zoned "M3" Planned Industrial District, this Property has a Quality Tenant Mix with a healthy combination of National, International and Local Tenants. Current Leases are in "Modified Gross" format with varying amounts of remaining lease term.
The Subject Property is located in a quiet office/warehouse corridor, 1/2 Mile from Earth City Expressway/MO-141, where Lakefront Drive becomes Shoreline Drive. This property benefits from convenient access to I-70, I-270, and MO-141.
Full Offering Memorandum available.
Room Features
Misc Description Loading Docks, Overhead Doors, Sprinkler System
Lot & Building Features
Construction Conventional
Cooling Gas
Heating Forced Air, Individual Unit
Parking Description Asphalt, Parking Lot
Sewer Public Sewer
Tax Year 2017
Water Public
Price History of 4132 Shoreline Drive, Earth City, MO
Date | Name | Price | Difference |
---|---|---|---|
06/07/2018 | Listing Price | $1,650,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Direct: 636-328-2433
Office
Listed by Manor Real Estate, Ben Cherry
Sold by Manor Real Estate, Mark Clarkson
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 Real Estate Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange |