Details for Listing #3548211

$2,525,000
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Listing ID: 3548211
Status: Contingent
Type: Commercial/Business
Square Foot: 19530
Lot Size/Acres: 2.24
County: Cole
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Property Details

Investor alert! Almost unheard of property listed in Jefferson City at a price that that returns an estimated 8% cap Rate. The property is 100% occupied with room to expand with pad site in place. It is located in high traffic area near shopping and medical facilities. This development features two buildings--1407 Southwest Blvd is Approximately 14,000 Sqf of high viability retail and office space and 1411 Southwest Blvd is mixed-use including two spacious top floor 2 bedroom luxury apartments. The walk-in level unit is approximately 2400 SQF of commercial space. The buildings are located on approx. 2.24 acres of gentle topography with a parking ratio of 5.32 per 1000 sqf. Both buildings were significantly updated/remodeled in 2017-2020. In the current real-estate market this is a true standout. Please contact your agent to receive additional information. An offering Memorandum is available to qualified buyers.


Year Built / Age: 1970
Listing Status: Contingent
Garage Capacity: 108

Listed by: EXP Realty, LLC

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