109 Kirkwood RdKirkwood, MO 63122

Property Details for 109 Kirkwood Rd

Year built

1985

Construction

METAL FRAME

Lot size

0.11 AC

Property size (Sq ft)

6,475 SF

Zone code

32B2

Property type

Turn key restaurants

APN

23M-1-2-035-2

APU

23M120352

Description

This exceptional 6,475-square-foot retail building presents a rare investment opportunity in the heart of Kirkwood, Missouri. Located at 109 & 111 N. Kirkwood Road, this historic property, built in 1895, boasts a prominent position on Kirkwood Road and is listed on the National Register of Historic Places. Its convenient location is just steps away from the Kirkwood Railroad Station, placing it in the center of the vibrant downtown area. The building is currently configured into three distinct spaces: a 2,511-square-foot restaurant, a 1,304-square-foot hair salon, and a 2,660-square-foot second-floor office space. This versatile layout offers significant potential for a variety of uses, making it an ideal investment for both established businesses and new ventures. The asking price for this unique and well-situated property is $1,350,000. All square footage measurements are approximate. This is a chance to own a piece of Kirkwood's rich history and capitalize on its thriving commercial environment. The property's prime visibility and central location ensure high foot traffic and excellent exposure. Don't miss this opportunity to acquire a truly exceptional retail property in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,176,234

  6.5%

  $2,008,832

  7%

  $1,865,344

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,272,073

  Geo Method

  $1,272,073

• Alternative Use

  Use

  Valuation

  Residential

  $1,694,525

  Hospitality

  $1,552,176

  Educational

  $1,291,392

  Medical

  $1,335,805

  Retail

  $2,008,832

Location Insight

City

Saint Louis

County

St. Louis

State

Missouri

Latitude

38.5817

Longitude

-90.4066

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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