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3120 Watson Road

St Louis, MO 63139
  • $7,343
  • STATUS: Active
  • ON SITE: 44 Days
  • ID#: 21073590
UPDATED: 75 min ago
$7,343
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,294
    SQFT
  • $1
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1954
County:
Area:

School Ratings & Info

Description

This is an outstanding opportunity for a restaurateur to take over the iconic space that Spiro's operated for more than 30 years. This area is a restaurant destination for diners all over the metropolitan area. This restaurant has it all - a full kitchen, walk-in cooler, walk-in freezer, and a separate banquet facility which can accommodate 100-125 guests. The owner is in the process of installing new glassworks in the front and will be installing either glass overhead doors or French doors on the Northside of the building to offer Al Fresco dining. At $14/sq ft, it would be difficult to lease comparable space in the St. Louis area. Building owner is the principal of Midco Real Estate, LLC.

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Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-11-26T17:39:03.413.

Peter Lu Team powered by RE/MAX Select: 314-662-6578
www.peterluteam.com/homes/122317373
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3120 Watson Road St Louis, MO 63139

  • Price: $7,343
  • Status: Active
  • On Site: 44 Days
  • Updated: 75 min ago
  • ID#: 21073590
0
Beds
0
Baths
0
½ Baths
N/A
Acres
6,294
SQFT
$1
$/SQFT
1954
Built
Neighborhood:
Arsenal Wat Pk Add
County:
St Louis City
Area:
South City
Property Description
This is an outstanding opportunity for a restaurateur to take over the iconic space that Spiro's operated for more than 30 years. This area is a restaurant destination for diners all over the metropolitan area. This restaurant has it all - a full kitchen, walk-in cooler, walk-in freezer, and a separate banquet facility which can accommodate 100-125 guests. The owner is in the process of installing new glassworks in the front and will be installing either glass overhead doors or French doors on the Northside of the building to offer Al Fresco dining. At $14/sq ft, it would be difficult to lease comparable space in the St. Louis area. Building owner is the principal of Midco Real Estate, LLC.
Exterior Features

Attached Garage YN No Construction Materials Conventional Parking Features Other Road Frontage Type AlleyCity Street Roof Flat Unit Location City

Interior Features

Above Grade Finished Area Source Public Records Building Square Footage 6294.00 Cooling Electric Heating Forced Air Heating YN Yes

Property Features

Association St. Louis Association Of Realtors Commercial Type OtherSpecial Purpose/Use Cross Street Hartford Current Use One StoryBar/TavernRestaurant Disclosures Other DisclosuresCityFlood Plain NoNo Other Known RestrOccupancy Perm ReqSellers Discl Not Av Documents Available Aerial PhotosLeases Electric Three Phase Existing Lease Type GrossGross Inclusions Option To LeaseSubject To Lease Lease Term More Than 3 Years Miscellaneous 2+ LavatoriesAlleyBuilding SignBurglar AlarmCity DockDelivery DoorDisplay WindowExterior LightingKitchen FacilitiesLoading DocksSmoke Alarm/DetecWheelchair Access Net Operating Income 1 Operating Expense Includes Common Area MtceElectricityGasHeat/CoolingInsuranceSecurityWater/Sewer Possession ImmediateOther Possible Use Restaurant Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 1 Tax Year 2019 Transaction Type Lease Utilities Cable AvailableElectricity AvailableGas To SiteWater AvailableSewer AvailablePhone Available Water Source Public Zoning Commercial

Listing provided courtesy of Midco Real Estate Co.,Inc.. Listing information © 2021 Mid America Regional Information Systems, Inc.
Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-11-26T17:39:03.413.

Peter Lu Team powered by RE/MAX Select: 314-662-6578
 
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11142 Olive Blvd
Saint Louis MO, 63141