117 Main St, St Peters, MO 63376

$575,900

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List Price
$575,900
MLS#
26047604
Status
COMING SOON
Lot Size
10,528
Acres
0.24
Year Built
1912
Subdivision
Deppe & Reinekes Add
Municipality
St. Peters
County
St. Charles
Listing Type
Commercial

Property Description

Prime Investment Opportunity in Saint Peters! This 4,527-square-foot commercial property features 5 total units: 4 commercial units and 1 residential unit. All five units are currently leased, providing immediate rental income for the new owner. Current rents are significantly below market rates, offering a strong opportunity for a new owner to potentially increase rents substantially and bring them closer to current market levels, subject to applicable lease terms and laws. The property is being sold AS-IS, with the seller making no repairs or providing any credits or concessions. A great opportunity for investors seeking an income-producing property with significant rental upside

Additional Information

Cooling
Ceiling Fan(s), Central Air
Heating
Forced Air
Selling Terms
Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of Vinh Son Realty, LLC.

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