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5508-5510 Virginia Avenue, Saint Louis, MO 63111

$175,000

  • For Sale
  • Active
  • Commercial
  • 1,500 Sq. Ft.
5508-5510 Virginia Avenue, Saint Louis, MO 63111View this property at 5508-5510 Virginia Avenue, Saint Louis, MO 63111
5508-5510 Virginia AvenueSaint LouisMO63111
Property Description
Amazing Opportunity for a Restauranteur to purchase a turn-key 101 yr old restaurant space in South City! Soon to be the former home of Iron Barley, this 1700+sqft commercial property boasts ample bar & dining space in front of building, almost 30x30 kitchen space, large Patio out back, and even a event space with a bathroom in the lower level! Included at this remarkable price: Exhaust Hood, 3 Walk-in Coolers (9x9, 10x10, 12x12), Main, Outdoor & Basement Bars, Indoor & outdoor Beverage coolers, all beer systems with 54 total taps, storage shed, and all televisions with mounts. The outdoor patio features its own bar, beer taps, smoker, access to alley, and is 2/3s covered. Looking to open a restaurant in South City? You won't find a
better Opportunity to expand a new location, grow from a catering to restaurant business, opening your new, or in a proven location. The property is currently operating as a restaurant for its 14th year and has an ADA approved ramp & bathroom.

Full Property Details for 5508-5510 Virginia Ave

General

  • Price: $175,000
  • Taxes: $5,141 (2016)
  • Status: Active
  • Type: Commercial
  • MLS ID: 18017387
  • Updated: 3/14/2018
  • Added: 158 day(s) ago

Business

  • Name: Iron Barley

Additional Information

  • Other Features: Display Window, Exterior Lighting, Full Fencing, Kitchen Facilities, Outside Storage, Smoke Alarm/Detec

Parking

  • Parking Features: Other
  • Parking: Other

Location

  • Area: South City
  • County: St Louis City
  • Subdivision: City/St Louis
  • Cross Streets: Bates Street
  • Driving Directions: From I-55 South take the Virginia Ave Exit and head West on Virginia past Bates Street to Building on Right.

Heating & Cooling

  • Cooling Type: Wall Unit(s), Electric Central Air Conditioning
  • Heating Type: Forced Air
  • Heating Fuel: Gas

Utilities

  • Sewer: Public
  • Water: Public
  • Utility Description: Cable, Electric, Gas, Water, Sewer

Structural Information

  • # Buildings: 1
  • Structure Type: 1 Story, Restaurant, Store Front
  • Construction: Conventional
  • Exterior Const.: Brick, Combination
  • Roof: Flat
  • Square Feet: 1,500
  • Sq. Ft. Source: County Records
  • Current Bldg. Use: Restaurant
  • Year Built: 1916

Unit Information

  • Unit Location: City, Downtown, High Traffic

Lot Features

  • Lot Size (Acres): 0.089
  • Lot Size (Sq. Ft.): 3,877
  • Lot Size Source: County Records
  • Lot Dimensions: 35 x 106 x 35 x 116
  • Frontage: Alley Access, City Street
  • Frontage Feet: 35
  • Lot Access: Alley Access, City Street
  • Zoning: F

Financial Considerations

  • Price Per Sq. Ft.: $117
  • Operating Expenses: Electricity, Gas, Heat/Cooling, Property Insurance, Real Estate Tax, Security System, Water & Sewer
  • Tax Amount: $5,141
  • Tax Year: 2016
  • Terms: Cash, Conventional, Lease, Lease Option, Lease Purchase, Owner May Finance
  • Tenant Expense: 1

Disclosures and Reports

  • Legal Description: C.B. 2854 Virginia Ave 35ft 2/3IN / 34ft X 106ft 3 1/4IN / 116ft 1 1/2IN Survey 1 Addn BND
  • Inclusions: Building & Land, Option To Lease, Some Equipment, Some Fixtures
  • Disclosures/Reports: Code Compliance Reqd, Occupancy Perm Req, Sellers Discl. Avail
  • APN: 2854-00-0040-0

Listed by RE/MAX Gold First

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Schools

Schools serving 5508-5510 Virginia Ave

School District:St. Louis City Schools
Score
Name
Grades
Distance
1
725 Bellerive Blvd, St Louis, MO 63111
PK-5
0.2 mi
1
516 Loughborough Ave, St Louis, MO 63111
PK-8
0.9 mi
1
3230 Hartford St, St Louis, MO 63118
9-12
2.5 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 5508-5510 Virginia Ave Get Price Alerts

Date
Details
Price
Change
Source
3/14/2018
Listed
$175,000
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Community Info

Community Info for 5508-5510 Virginia Ave

Listed by RE/MAX Gold First

5508-5510 Virginia Avenue, Saint Louis, MO 63111 (MLS# 18017387) is a Commercial property. 5508-5510 Virginia Avenue is currently listed for $175,000 and was received on March 14, 2018. Want to learn more about 5508-5510 Virginia Avenue? Do you have questions about finding other Commercial real estate for sale in Saint Louis? You can browse all Saint Louis real estate or contact a Coldwell Banker agent to request more information.