W Gravois Avenue, St Clair, MO 63077

$495,000
List Price
$495,000
Days on Market
16
MLS#
22060225
Status
ACTIVE
Lot Size
435,600
Acres
10
Subdivision
PT SW NE, W OF COMMERCIAL AVE & E I-44
Municipality
St. Clair
County
Franklin
Listing Type
Commercial

Property Description

ENHANCED ENTERPRISE ZONE - This property benefits from Tax Savings because it is in the Enhanced Enterprise Zone in St Clair . The easy access to I-44 makes this property very desirable for Industrial/Commercial development. Please check with the City of St Clair to see if your business would qualify for the EEZ tax abatements . MoDot predicts traffic to increase from 30,800+ vehicles per day to 80,000+ by 2030. There is approximately 1,000' of highway frontage and also 1,000'+ of W. Gravois Avenue making this visibility and accessibility exceptional for this unique property. The billboard sign revenue changes based on the previous years total revenue. The billboard revenue and contract will go with the sale of the property. Should the new owner wish to cancel contract and have the sign removed, they may do so with 60 days written notice. The current annual billboard revenue is $5,864.

Additional Information

Parking Description
None
Cooling
None
Sewer
Public Sewer, Sewer Main - 10 Inch
Heating
None
Water
Public, Water Main - Over 10 Inch
Taxes Paid
559
Buyer's Agent Commission
2.5
Selling Terms
Cash Only, Conventional

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of HD Real Estate LLC.

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