5
See all 5 photos
$599,000
Est. payment /mo
0.35 Acres Lot
New
1526 S Big Bend BLVD Richmond Heights, MO 63117
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Richmond Heights
MLS Listing ID 26059041
Year Built 1932
Annual Tax Amount $5,899
Lot Size 0.350 Acres
Acres 0.35
Property Description
Manor Real Estate presents a rare opportunity to acquire a fully occupied, three-building office portfolio in the heart of Richmond Heights, Missouri. Comprising 1526, 1528, and 1530 S. Big Bend Blvd., the portfolio totals 5,210 square feet of freestanding office space, each building comprehensively renovated in 2025 with modern systems and finishes that preserve the neighborhood's historic character.
All three buildings are currently 100% leased to four independent small-business tenants, delivering immediate, stabilized income to a purchaser at closing. The portfolio produces in-place net operating income of approximately $58,813 annually, reflecting roughly a 9.8% cap rate on the $599,000 asking price ($114.97 per square foot).
The properties sit less than a quarter mile south of Interstate 64 on S. Big Bend Blvd., benefiting from approximately 14,000 vehicles per day and strong regional accessibility to the greater St. Louis metro, including Clayton and downtown St. Louis. The immediate trade area is one of St. Louis County's more affluent and densely populated inner-ring submarkets.
Each building offers dedicated on-site parking in addition to plentiful non-metered street parking, within walking distance of the established Richmond Heights/Maplewood commercial corridor.
This offering is well suited to an owner-user seeking a headquarters building with in-place rental income to offset carrying costs, or to an investor targeting a low-maintenance, fully stabilized small-office portfolio in a supply-constrained St. Louis County submarket. The three parcels are offered together as a package; contact the listing agent for details.
All three buildings are currently 100% leased to four independent small-business tenants, delivering immediate, stabilized income to a purchaser at closing. The portfolio produces in-place net operating income of approximately $58,813 annually, reflecting roughly a 9.8% cap rate on the $599,000 asking price ($114.97 per square foot).
The properties sit less than a quarter mile south of Interstate 64 on S. Big Bend Blvd., benefiting from approximately 14,000 vehicles per day and strong regional accessibility to the greater St. Louis metro, including Clayton and downtown St. Louis. The immediate trade area is one of St. Louis County's more affluent and densely populated inner-ring submarkets.
Each building offers dedicated on-site parking in addition to plentiful non-metered street parking, within walking distance of the established Richmond Heights/Maplewood commercial corridor.
This offering is well suited to an owner-user seeking a headquarters building with in-place rental income to offset carrying costs, or to an investor targeting a low-maintenance, fully stabilized small-office portfolio in a supply-constrained St. Louis County submarket. The three parcels are offered together as a package; contact the listing agent for details.
Location
State MO
County St. Louis
Area 3 - South City
Interior
Fireplace N
Exterior
View Y/N No
Building
Structure Type Other
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Caleb Anthonis • Manor Real Estate
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