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4173 Crescent Drive Out Of Area, MO $ 2,149,000
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$ 2,149,000 Get more info
4173 Crescent Drive
$ 2,149,000
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Share Save

4173 Crescent Drive

Out Of Area, MO, 63129
$ 2,149,000
Baths0.0

Monthly Estimate*

$ 15,011

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Studio Commercial Property for sale in Out Of Area, MO for $2,149,000. The lot size is 2.44.

PRICE REDUCTION -NEW ROOFS - NEW Landscaping and Window Screens - The Southport Office Park located in the heart of Saint Louis at 4173 Crescent Drive. The Southport Office Park consist of 4 separate buildings, two stories each for a total of 28,311 SF of office space. The offices were originally built in 1985 and are 90% leased with a very diverse tenant group which includes; Family Care center, Strategic Technology Group LLC, BKR Design, American Family insurance, Adriatic Home Health LLC, Farmers , Kirkendall Dwyer Law firm, Empowered Health, Forget Me Not Senior Services, Compassionate Health Care of STL, True Vine Counseling Services, and Developing Resource Partners. The Southport Office Complex at 4173 Crescent Drive is being offered at an outstanding basis of $80 per square foot and an in-place cap rate of 8%. With an average weighted lease term of 3 years, below market rent, and 90% occupancy, it offers new ownership significant value-add potential. With new landscaping and window seals along with New Roofs in 2023 this Office complex is ready to cash flow upon purchase.

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Commercial Active

Price

$ 2,149,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 44,989

Style

Office

Lot Size

2.44

Town/City

Out Of Area

County/Region

OUT OF AREA

MLS | Web ID

3562247
Features
General
Sewer PublicSewer
Heating Electric ForcedAir
Cooling CentralAir
Utilities ElectricityAvailable SewerAvailable WaterAvailable
Construction Materials Brick Block
Property SubType Office
Tax Year 2023
Percent Ownership Fee Simple
Business Type ProfessionalOffice
County Out Of Area
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions See Map
City Out Of Area (BDAR)
Buyer Agent Compensation 2.50
View Y/N N
Senior Community Y/N N
Total Units 0
MLS Area O
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Crescent
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 44989.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/loo/3562247
Days on Market 25
Standard Status Active
Occupancy Description Tenant
Property Sub Type Additional Office Retail MixedUse
Legal Description 8 27 85 CRECELIUS LOT PT 2 (RD DEDI)
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Exterior
Water Source Public
Total Parking 70.0
Lot Size Area 2.44
Spa N
Building Area Total 0.0
Lot Size Acres 2.44
Road Surface Type Asphalt Paved
Lot Size Units Acres
Road Frontage Type Highway
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Street Suffix Drive
Electric On Property Y/N N
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Internal Only
Street Number 1 4173
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* Excluded Features
List By
DAVID HOLBROOK

Listing Agent

holbrooklakehomes@gmail.com

Email

Affordability Calculator

$18,760
Per Month
80%
20%
0%
Monthly Principal & Interest
$15,011
Monthly Property Taxes
$3,749
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
314649 Elementary School
314598 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/5/2024$2,149,000 -6.16% Price Down
3/8/2024$2,290,000 Listed Price

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4173 Crescent Drive, Out Of Area, MO, 63129 is a Commercial Property for sale at $2,149,000 with a lot size of 2.44. 4173 Crescent Drive is a studio with 0.0 baths. The property's zip code is 63129 which is in Out Of Area, MO

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