Prominent Maplewood Property | 7420 Manchester Rd
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Prominent Maplewood Property 7420 Manchester Rd
10,257 SF 23% Leased Office Building Maplewood, MO 63143 £1,411,938 (£138/SF) 6.50% Net Initial Yield
Investment Highlights
- Prime location: located in Maplewood, a vibrant St. Louis suburb with high visibility on Manchester Road.
- On-site amenities: offers seven private parking spaces and an electric vehicle charging station.
- Nearby infrastructure: situation close to retail, dining, and entertainment hubs.
- Versatile use: includes recording studios, creative office spaces, retail space, and a residential unit on the third floor.
- Existing rental income in place – contact broker for financials
Executive Summary
Discover this versatile mixed-use property in the heart of Maplewood! Built in 1922, this three-story building offers a blend of historic charm and modern amenities. Featuring retail and creative office spaces, a professional recording studio, and a residential unit, it’s ideal for business and lifestyle opportunities. Conveniently located along a bustling corridor, the property boasts high visibility, seven private parking spaces, and an EV charging station. Perfect for investors or owner-users seeking a dynamic and unique property in a thriving neighborhood.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
10,257 SF
Building Class
B
Year Built
1922
Price
£1,411,938
Price Per SF
£138
Net Initial Yield
6.50%
NOI
£91,776
Percent Leased
23%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
3,419 SF
Building FAR
1.15
Land Acres
0.20 AC
Zoning
35CB - "CB" (Community Business)
Parking
8 Spaces (0.78 Spaces per 1,000 SF Leased)
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Walk Score ®
Walker's Paradise (90)
PROPERTY TAXES
Parcel Number | 21J-23-0627 | Improvements Assessment | £178,516 |
Land Assessment | £22,293 | Total Assessment | £200,809 |
PROPERTY TAXES
Parcel Number
21J-23-0627
Land Assessment
£22,293
Improvements Assessment
£178,516
Total Assessment
£200,809
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Prominent Maplewood Property | 7420 Manchester Rd
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