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Retail Space
1423 Hodiamont Avenue St Louis, MO 63112
Details & Description
Price: $365,000
    This is a free-standing mixed-use mercantile and apartment building located in a quiet residential area of Hamilton Heights. The property spans approximately 4,006 square feet and is on a 3,080-square-foot lot.The ground floor is currently leased to a daycare, which utilizes the fenced-in rear yard as a playground. Precious Circle of Friends Learning, the current tenant, has been renting the property since 2022. They hold a 5-year lease that expires on February 28, 2027, paying $2,500 per month on a triple net (NNN) basis. The daycare is licensed to care for 28 children from birth to 5 years old. On the second floor, there is a two-bedroom apartment. According to Trulia, market rents for similar apartments range from $1,000 to $1,500 monthly, making this an attractive investment opportunity.Available tax incentives include: Opportunity Zone, HUB Zone, HUD Qualifying Census Tract, Enterprise Zone, Community Economic Need Grants.
    Property Highlights
    Additional Photos
    Listing Agents
    Hal Hanstein

    O: 636-225-0385
    M: 314-607-2928
    hal@cardinalrealtygroup.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1423 Hodiamont Avenue

    St Louis, MO 63112

    Listing ID: 318534
    • 1423 Hodiamont Avenue St Louis, MO 63112 | for Sale | Photo 1
    • 1423 Hodiamont Avenue St Louis, MO 63112 | for Sale | Photo 2
    • 1423 Hodiamont Avenue St Louis, MO 63112 | for Sale | Photo 3
    • 1423 Hodiamont Avenue St Louis, MO 63112 | for Sale | Photo 4
    • 1423 Hodiamont Avenue St Louis, MO 63112 | for Sale | Photo 5
    1423 Hodiamont Avenue | for Sale | Thumbnail 1
    1423 Hodiamont Avenue | for Sale | Thumbnail 2
    1423 Hodiamont Avenue | for Sale | Thumbnail 3
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    1423 Hodiamont Avenue | for Sale | Thumbnail 5
    Building Size: 4,006 SF
    Lot Size: 0.070 AC
    Land Size: 3,080 SF
    Building $/SF: $91.11
    Land $/SF: $118.51
    Price
    $365,000
    Property Highlights
    Mixed Use Building-Multi-Tenant-4006 SF
    Ground Floor Retail/2nd Floor 2-Bedroom Apartment (Vacant)
    Daycare on Ground Floor Licensed for 28 Children
    Many Tax Credits Available
    Description

    This is a free-standing mixed-use mercantile and apartment building located in a quiet residential area of Hamilton Heights. The property spans approximately 4,006 square feet and is on a 3,080-square-foot lot.

    The ground floor is currently leased to a daycare, which utilizes the fenced-in rear yard as a playground. Precious Circle of Friends Learning, the current tenant, has been renting the property since 2022. They hold a 5-year lease that expires on February 28, 2027, paying $2,500 per month on a triple net (NNN) basis. The daycare is licensed to care for 28 children from birth to 5 years old. On the second floor, there is a two-bedroom apartment. According to Trulia, market rents for similar apartments range from $1,000 to $1,500 monthly, making this an attractive investment opportunity.

    Available tax incentives include: Opportunity Zone, HUB Zone, HUD Qualifying Census Tract, Enterprise Zone, Community Economic Need Grants.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
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    Common Questions and Answers

    What is the asking price for 1423 Hodiamont Avenue in St Louis?
    The asking price for 1423 Hodiamont Avenue is $365,000
    What is the building size of this Retail property in St Louis, MO?
    The size of the building/unit at 1423 Hodiamont Avenue in St Louis is 4,006 square feet
    How much land does the St Louis, MO property at 1423 Hodiamont Avenue include?
    1423 Hodiamont Avenue in St Louis includes 0.070 acres of land
    What kind of Retail is the property at 1423 Hodiamont Avenue?
    The property at 1423 Hodiamont Avenue St Louis, MO 63112 is listed as a Free Standing Building Retail property
    Who do I contact for questions about 1423 Hodiamont Avenue?
    You should contact the listing agent, Hal Hanstein, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi) Directions
    St Louis Lambert International Airport (STL) 7
    Scott AFB/Midamerica Airport (BLV) 26
    Abraham Lincoln Capital Airport (SPI) 87