MO > St Louis > Ivorys
St Louis, MO 63111,8511 Vulcan ST
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St Louis, MO 63111,8511 Vulcan ST
St Louis, MO 63111,8511 Vulcan ST
St Louis, MO 63111,8511 Vulcan ST
St Louis, MO 63111,8511 Vulcan ST
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Jeff Hill

Jeff Hill

+1(816) 716-7712
$ 695,000
Est. payment /mo
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Active Under Contract

8511 Vulcan ST St Louis, MO 63111

20,412 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 20,412 sqft

Price per Sqft $34

Subdivision Ivorys

MLS Listing ID MIS25024761

Year Built 1977

Lot Size 1.533 Acres

Acres 1.533

Lot Dimensions 477' x 140'

Property Sub-Type Retail

Property Description

Investment property with a 10.65 Cap Rate! Building and land for sale with existing tenant in place. Long established business operating now with a new owner, who bought the business and is leasing the whole property. Lease terms are $74,000 annually / $6,166 monthly, triple net, through September 2028. A 5-year renewal option through 2033 contains an increase tied to CPI. Property appraised in July of 2024 for $700,000. Both documents can be made available with a signed NDA. The contiguous vacant undeveloped lots provide plenty of extra ground to build on!
Showing by appointment only with listing agent accompanying, only after first driving by the property and receiving documents for review. Location: City, Corner Location, Industrial Area

Location

State MO

County St Louis City

Area 3 - South City

Interior

Heating Electric, Natural Gas, Varies by Unit, Forced Air

Cooling Central Air, Electric, Exhaust Fan, Other

Fireplace N

Appliance Other

Exterior

Parking Features false

Utilities Available Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available

Roof Type Flat

Building

Sewer Public Sewer

Water Public

Structure Type Other,Concrete,Block

Others

Special Listing Condition Standard

Listed by RE Source
agent

Jeff Hill

Realtor

+1(816) 716-7712

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8511 Vulcan ST

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