Wednesday, August 26, 2009

A Budget-Friendly Downtown Option for Small Businesses


The 3,000 sf, two-story commercial building at 1908 Olive is listed for sale for just $138,000! This is a remarkable bargain for a well-situated small business space.

It would work well as office space, or a mix of office and retail space. Or, a building like this could be reconfigured with an apartment on the second floor for the business owner who wants to "live above his shop."

Don Woehle of CB Richard Ellis is the listing agent - (314) 588-1623.

3 comments:

Anonymous said...

That is a sweet price. Perhaps the roof is missing and there's no floor?

bredon said...

My thoughts exactly. That property was going for $300k back in 2006.

Might need to have a looksy...

Matt Kastner said...

Nice find. I'm going to look into that one. The taxes would hurt the pocketbook though.