Clayton Owner-User Opportunity

514-520 South Hanley Road, Clayton, MO 63105, USA

Sale Price: $2,200,000 ($236/S.F.)

Property Details

Clayton owner-user opportunity at one of the best corners in the St. Louis market. 514-520 S. Hanley Road sits on the east side of Hanley just north of Wydown Boulevard, in the walkable Hanley-Wydown business district steps from Clayton CBD. New Gigi’s Cafe is next door with Wright’s Tavern, Bar Moro, Cafe Manhattan, Peno, Akar, Protzel’s, Wydown Dental Group and other Hanley-Wydown district shops & services. Access to I-64/40, I-170 and Forest Park Parkway is minutes from the front door.

 

The building is a two-story, 1927 brick building with a lower level, totaling approximately 9,318 SF per county records (approx. 6,578 SF above grade) on a 0.13-acre lot zoned C-1 Neighborhood Commercial by the City of Clayton.

 

The ground-floor and lower-level office suite (approx. 4,563 SF) was fully renovated in 2023 by Spiegelglass Construction. The space delivers 9 private offices, 2 conference rooms and a reception area, along with LVT flooring, CAT6 wiring throughout, updated electric, key fob access and a full bath with shower. The semi-finished lower level adds two additional restrooms plus file and storage space. A buyer can move in without spending another dollar on build-out. Seller reports more than $350,000 invested in the building.

 

The second floor holds two leased apartments – a 3 bed / 1 bath and a 2 bed / 1 bath – with kitchens, baths and appliances updated in 2019. Combined rents of approximately $45,000 per year help offset an owner-user’s cost of occupancy. Apartment tenants pay their own gas and electric, and each unit has its own private street entrance.

 

Parking includes three garage spaces (a two-car and a one-car garage) plus street parking and a nearby public lot. An expansive rear concrete balcony, Spectrum internet service and a 2018 roof repair round out the package.

 

Owner-user buildings in Clayton rarely come to market, and almost never this close to Wydown. Offered at $2,200,000, sold as-is. Contact Eddie Cherry, CCIM or Ben Cherry, CCIM at Manor Real Estate, 314.647.6611.

Commercial, Mixed-Use

Property Type

±9,318

Sq Ft

0.13 Acre

Parcel Size

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Lease Rate Type

1927

Year Built

Property Agents

St. Louis Commercial Realtor
Ben Cherry, CCIM

 

Eddie Cherry, CCIM

 

Property Location

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