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6740 Olive, Saint Louis, MO 63130

$169,900

  • For Sale
  • Active
  • Commercial
  • 4,320 Sq. Ft.
  • 3 Parking Spaces
6740 Olive, Saint Louis, MO 63130View this property at 6740 Olive, Saint Louis, MO 63130
6740 OliveSaint LouisMO63130
Property Description
Great Investment property! Mixed use property in University City just minutes from all the action in the Delmar Loop!!! 1st floor has been the owner's Kung Fu school for the last 10 + years. The 2nd floor has an efficiency apartment and a good sized 1 bedroom apartment, both units have separate entrances and have been validated through University City. Both tenants have leases. The Kung Fu school will be relocated when property sale is completed. First floor can be used for a wide variety of businesses. Building is in very sold condition, plumbing & electrical has been updated over the years, tuck pointing appears to be in good condition. The upstairs units are in good condition but could be updated to increase the rents. Both units
could be combined into one.... Countless opportunities await in this great property.

Full Property Details for 6740 Olive

General

  • Price: $169,900
  • Taxes: $2,112 (2016)
  • Status: Active
  • Type: Commercial
  • MLS ID: 17089691
  • Updated: 5/13/2018
  • Added: 242 day(s) ago

Parking

  • Total Spaces: 3
  • Parking Features: Concrete
  • Parking: Concrete

Location

  • Area: University City
  • County: St Louis
  • Subdivision: Vernon Place

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • 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: 2 Stories, Mixed Use
  • Construction: Conventional
  • Exterior Const.: Brick
  • Roof: Flat
  • Square Feet: 4,320
  • Sq. Ft. Source: County Records
  • 2nd Level: 1,520 Sq. Ft.
  • Current Bldg. Use: Professional Service, Residence
  • Potential Bldg. Use: Convenience Store, Food/Bev/Restaurant, Laundromat, Office/General, Office Showroom, Personal Service, Pro
  • Year Built: 1920

Unit Information

  • Unit Location: High Traffic

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Size (Sq. Ft.): 3,920
  • Lot Size Source: County Records
  • Lot Dimensions: 30 x 130
  • Frontage: City Street
  • Frontage Feet: 30
  • Lot Access: City Street
  • Zoning: retail trade

Financial Considerations

  • Price Per Sq. Ft.: $39
  • Operating Expenses: Heat/Cooling, Property Insurance, Real Estate Tax
  • Tax Amount: $2,112
  • Tax Year: 2016
  • Terms: Cash, Conventional, Seller May Pay SmCls
  • Tenant Expense: 3112

Disclosures and Reports

  • Legal Description: VERNON PLACE LOT 13 BLOCK 2
  • Inclusions: Building & Land
  • Disclosures/Reports: Sellers Discl. Avail
  • APN: 17J-32-0369

Listed by RE/MAX Premiere Realty

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Schools

Schools serving 6740 Olive

School District:University City Schools
School Name
Grades
Distance
Flynn Park Elementary School
7220 Waterman Ave, University City, MO 63130
K-5
0.9 mi
Brittany Woods Middle School
8125 Groby Road, University City, MO 63130
6-8
2 mi
University City High School
7401 Balson Ave, University City, MO 63130
9-12
1.1 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 6740 Olive Get Price Alerts

Date
Details
Price
Change
Source
5/13/2018
Price Reduced
$169,900
-1.16%
MLS
4/05/2018
Price Reduced
$171,900
-1.77%
MLS
2/21/2018
Price Reduced
$175,000
-2.72%
MLS
1/31/2018
Price Reduced
$179,900
-2.76%
MLS
11/29/2017
Price Reduced
$185,000
-2.12%
MLS
11/17/2017
Listed
$189,000
MLS
Disclaimer: Historical sales and tax 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 6740 Olive

Listed by RE/MAX Premiere Realty

6740 Olive, Saint Louis, MO 63130 (MLS# 17089691) is a Commercial property. 6740 Olive is currently listed for $169,900 and was received on November 17, 2017. Want to learn more about 6740 Olive? 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.