155 Main StSaint Clair, MO 63077

  • Retail space
  • 30,218 SF
For Sale
$260,000 View listing

Property Details for 155 Main St

Year built
1946
Lot size
0.70 AC
Property size (Sq ft)
30,218 SF
Property type
Retail space
APN
22-7-25.0-3-006-051.000
APU
2272503006051000

Description

This exceptional 34,000-square-foot storefront property, located at 155 N Main St, Saint Clair, MO 63077, presents a remarkable investment opportunity. Zoned C-4, this vacant retail space offers endless possibilities for a variety of uses. The substantial building, constructed of masonry, features ample warehouse space, showroom areas, and office spaces, making it ideal for an owner-user. A key advantage is the inclusion of a loading dock, significantly enhancing operational efficiency. A noteworthy feature is the approximately 4,000+ square feet of second-story space in the left portion of the building, adding significant potential for expansion or specialized use. The property sits on a 0.735-acre lot and provides convenient off-street parking. Its location in a historic, high-traffic area ensures excellent visibility and accessibility. The building is being sold "as is" in its current condition

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,589,883
    6.5%
    $9,775,277
    7%
    $9,077,043
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,936,604
    Geo Method
    $5,936,604
  • Alternative Use

    Use
    Valuation
    Residential
    $8,245,812
    Hospitality
    $7,553,119
    Educational
    $6,284,106
    Medical
    $6,500,226
    Retail
    $9,775,277

Location Insight

City
Saint Clair
County
Franklin
State
Missouri
Latitude
38.3488
Longitude
-90.9812
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,441
-
-
$155,597
-
$38,000
$448,240
$486,240

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