West Florissant Office/Retail/Showroom Available

6604-6608 W. Florissant Ave Jennings, MO 63136

Jennings
FOR SALE
Property Type:
Single Tenant Office
Amount:
$225,000
Cap Rate:
0.00%
Last Verified:
Aug 23, 2023

Property Description Great opportunity to own a Mercantile Building on a heavily trafficked commercial corridor in N. St. Louis County. This property is located on West Florissant Ave, just east of Jennings Station Rd at the signalized intersection of Hamilton Ave., making this an attractive location for many businesses. The property also has a 24-car parking lot and rear alley access to the warehouse portion of the building. The 4-Retail Store Fronts were constructed in 1940, with the 2700 SF Warehouse added later. Interior Description The storefronts were constructed in 1940, and each can be independent of the adjoining space. The ceiling height of the storefronts is over 9 feet. There are eight private offices, a bullpen area, built-in cubes, a bench area, and storage, all part of the space. Suspended ceilings with Fluorescent lighting throughout the property. The floors are carpeted and have tiled floors. The warehouse is approximately 2,700 SF (50” X 54”), with an 11-12 Ft ceiling and an 8 Ft loading door for easy access. Location West Florissant is home to many national and local businesses. This heavily traveled corridor (13,470 AWT) is vital to the success of the business it brings customers to. This Street Retail/Office Property is located at the signalized intersection of Hamilton Ave, 0.3 miles east of Jennings Station Rd. providing easy access to its private 24-car lot that adjoins the building. The property is zoned C2-S Special Shopping and Service Commercial District by the City of Jennings, which allows for most retail and office uses, with a few requiring a Conditional Use Permit.

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Map of 6604-6608 W. Florissant Ave, Jennings, MO, 63136

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.