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Elizabeth Gregory

elizabeth@gregorylandgroup.com +1(660) 285-5423

$ 417,000

Est. payment | -/mo

8,712 Sqft Lot

Save Virtual Tour

$ 417,000

Est. payment | -/mo

Save Virtual Tour

8,712 Sqft Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision Carondelet Commons

MLS Listing ID 26033409

Year Built 1951

Annual Tax Amount $6,505

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Retail

Property Description

Prime Investment Opportunity on High-Traffic Morganford Road! Outstanding freestanding commercial building situated on a highly visible corner lot in the desirable Bayless area. This well-positioned property offers exceptional street frontage, strong traffic exposure, and a distinctive canopy that creates excellent curb appeal and brand recognition. Currently leased to a successful Donut House operation at $1,750 per month with annual 3% rent increases, providing immediate income for investors. Approximately four years remain on the current lease, and the tenant has expressed interest in continuing occupancy, making this an attractive turnkey investment opportunity. The building features two customer seating/retail areas, private office space, commercial kitchen, drive-thru window, ample storage, and approximately 12 off-street parking spaces. An additional 1,008± sq. ft. second-floor space offers valuable storage or potential auxiliary use. Conveniently located near Interstate 55, this property benefits from excellent accessibility, strong visibility, and consistent daily traffic counts. Ideal for investors seeking stable cash flow or future owner-users looking to secure a prime commercial location. Please do not disturb the tenant. Contact the listing agent for additional information or to schedule a private showing.

Location

State MO

County St. Louis

Area 286 - Bayless

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Electric

Fireplace N

Exterior

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

View Y/N No

Building

Water Public

Structure Type Other

Others

Ownership Private

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://vimeo.com/1198045515/e8a8fdd9a2?share=copy&fl=sv&fe=ci

Listed by Sarah Nguyen-Bani • RE/MAX Results

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(660) 285-5423

elizabeth@gregorylandgroup.com

115 W Washington Street Kirksville, MO, 63501

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8500 Morganford RD St Louis, MO 63123