Heritage Properties has been managing and leasing commercial property for nearly a decade.
While hope that you find that one of the following listings perfect for your next business endeavor, we understand that every business has unique needs. Please contact us if you would like further assistance in your search for that perfect space to start, expand, or relocate your business.
The property is available both for sale and lease, with the opportunity to occupy a fully functioning cafe space, and/or additional retail space.
The seller is open to dividing up the space in several different ways depending on leasing needs of up to 2 commercial tenants.
The retail space is the current home of Urban Fort Play. The owners (sellers) are open to further discussion about selling Urban Fort Play. The space would be ideal for a daycare, offices, or storefront retail.
The cafe was home to Gather-a neighborhood cafe. The owners recently closed the doors of the cafe, but it remains fully furnished and ready for a new owner to pick back up. Lease terms can include all furnishing and equipment, including a gas range, vented hood, ice maker, commercial fridges and freezers, and an espresso machine. The cafe space was renovated in 2021.
For sale with all equipment and furnishings for $715,000 or $695,000 with all items removed (please specify either way on the LOI/Offer).
$17/sq ft (NNN) for the finished/furnished cafe space (from approximately 1235 to 2525 sq ft available).
The current cafe layout is 1235 sq ft. Expanding the cafe to the easiest dividing wall, which includes the loft space and office yield approximately 2525 sq ft.
This price includes all of the cafe furnishings and equipment ($16/sq ft with the furnishing and fixtures removed).
$14/sq ft (NNN) for the retail space, with approximately 1915 square feet available after splitting the spaces, but potentially up to 3250 if the cafe does not take up the additional space. Please inquire about retaining furnishings or the acquisition of the business Urban Fort Play.
Listed at a 9% cap rate (based on pro forma rents)
Please direct all inquires, showing requests, and LOIs/Offers to Warren Popp
warren@hp-stl.com
314-402-2833 (c)
314-742-8270 (d)