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8 photos
Additional details
$350,000
Est. payment /mo
2,581 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial & Indr.
Listing Status Active
Purchase Type For Sale
Square Footage 2,581 sqft
Price per Sqft $135
Subdivision Southwest Garden
MLS Listing ID MAR24069794
Construction Status 133
Year Built 1891
Building Age 133
Lot Size 2,614 Sqft
Acres 0.06
Property Sub-Type Commercial & Indr.
Property Description
Available individually or as a package, 5400-4 Magnolia Avenue are three properties that offer a prime opportunity to both owner-users, investors, or developers. One storefront is currently vacant and offers owner-users the ability to move their business into a building with significant rental income. Investors can fill the vacant space while adding fantastic buildings to their portfolio. Existing rents in the other units are well below market which also offers additional upside. The site offers great potential for group up development.
Package Total: $700,000
Or Individually, with the following details:
5400 Magnolia ($350,000):
+/- 2,581 SF; two (2) retail storefronts on the first floor and one (1) apartment on the second floor; all spaces fully leased.
5402 Magnolia ($195,000):
+/- 900 SF; one (1) retail storefront; vacant.
5404 Magnolia ($155,000):
+/- 800 SF; one (1) apartment; fully leased.
**Reach out for lease details or to schedule a tour today.**
Package Total: $700,000
Or Individually, with the following details:
5400 Magnolia ($350,000):
+/- 2,581 SF; two (2) retail storefronts on the first floor and one (1) apartment on the second floor; all spaces fully leased.
5402 Magnolia ($195,000):
+/- 900 SF; one (1) retail storefront; vacant.
5404 Magnolia ($155,000):
+/- 800 SF; one (1) apartment; fully leased.
**Reach out for lease details or to schedule a tour today.**
Location
State MO
County St Louis City
Area South City
Zoning F
Interior
Heating Forced Air
Cooling Electric
Fireplace N
Exterior
Utilities Available Electricity Available, Gas to Site, Water Available, Sewer Available
Building
Sewer Public Sewer
Water Public
Construction Status 133
Others
Special Listing Condition None
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Listed by Benjamin Gruender • Salient Realty Group, LLC
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Joe LoPiccolo
Broker Associate | License ID: 2005026477
Broker Associate License ID: 2005026477
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