Property Description

Exceptional opportunity to acquire a 9-unit mixed-use investment property in the highly sought-after Clayton School District, ideally situated in Richmond Heights. Located just steps from SSM Health-St. Mary's Hospital and within walking distance of DeMun, Forest Park, downtown Clayton, and the vibrant amenities of Richmond Heights/Clayton, this property offers an unbeatable combination of location and long-term upside. The asset features established commercial tenants with multi-year leases already in place, providing stable income and reduced turnover risk. Current residential rents are estimated to be $55-$175 below market comparables, presenting an attractive value-add opportunity for investors seeking increased cash flow through future rent growth. Recent capital improvements include a roof that is only four years old, helping minimize near-term maintenance expenses. Additional amenities include front parking for seven vehicles and an expansive 6,273-square-foot basement offering abundant storage or potential for additional income-producing space. With strong tenant demand, excellent walkability, desirable school district access, and significant upside potential, this is a rare opportunity to add a well-positioned mixed-use asset to your investment portfolio.

Property Features