Rock Island Realty

1423 Hodiamont Avenue

St Louis , MO 63112

MLS#: 25021315

$365,000

Status: Active
Listing number: 25021315
Listing provided by: Cardinal Realty Group
Listing agent phone: None
Last update: 5 months ago
On site: 11 months ago
Browse Properties
Watsons Fruit Hill Add - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1906

Sq.Footage

4,006

This is a free-standing mixed-use mercantile and apartment building located in a quiet residential area of Hamilton Heights. The property encompasses approximately 4,006 square feet and sits on a 3,080 square foot lot. The ground floor is currently leased to a daycare, which utilizes the fenced-in rear yard as a playground. Precious Circle of Friends Learning, the current tenant, has been renting the property since 2022. They hold a 5-year lease that expires on February 28, 2027, paying $2,500 per month on a triple net (NNN) basis. The daycare is licensed to care for 28 children from birth to 5 years old. On the second floor, there is a two-bedroom apartment. According to Trulia, market rents for similar apartments range from $1,000 to $1,500 monthly, making this an attractive investment opportunity. Location: City, Corner Location

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    4006.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Natural Gas, Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.0707

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $365,000

  • Tax Amount

    $2,693

  • Sq. Footage

    4, 006

  • Price/SqFt

    $91

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Water Source

    Public

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Location

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St Louis City

Elementary School

Middle School

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Listing Courtesy of Hal Hanstein , Cardinal Realty Group

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This is a free-standing mixed-use mercantile and apartment building located in a quiet residential area of Hamilton Heights. The property encompasses approximately 4,006 square feet and sits on a 3,080 square foot lot. The ground floor is currently leased to a daycare, which utilizes the fenced-in rear yard as a playground. Precious Circle of Friends Learning, the current tenant, has been renting the property since 2022. They hold a 5-year lease that expires on February 28, 2027, paying $2,500 per month on a triple net (NNN) basis. The daycare is licensed to care for 28 children from birth to 5 years old. On the second floor, there is a two-bedroom apartment. According to Trulia, market rents for similar apartments range from $1,000 to $1,500 monthly, making this an attractive investment opportunity. Location: City, Corner Location

1423 Hodiamont Avenue

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