10-Unit Multi-Family and Commercial Space at 3200 Shenandoah

This 10 unit property which is Prominently located at the corner of Shenandoah & Compton in the Tower Grove East neighborhood is on the market for the first time in over a decade. The building features 3 commercial bays on the 1st floor which are all occupied by the same, long-term tenant: the Crafted Bar & Restaurant. The upper 2 floors host 7 residential apartments which are a mix of 1 and 2 bedroom units. There is on-site laundry available to these tenants which provides some additional revenue. The rental income for the residential units is below market rate which leaves opportunity for the new owner to increase revenues. Finally, 2 parking lots in the rear of the building with a capacity of 19 cars are included as part of the sale. The full list of addresses that are included in the sale are: 3200-3204 Shenandoah, 63104 (Building), 2305 S. Compton, 63104 (Rear parking lot “attached” to the building), and 2315-2319 S. Compton, 63104 (Parking lot directly to the south of the alley).