12 N Newstead AVE, St Louis, MO 63108
12 N Newstead AVE, St Louis, MO 63108
12 N Newstead AVE, St Louis, MO 63108
Additional details
$975,000
Est. payment /mo
0.56 Acres Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Subdivision City/St Louis

MLS Listing ID 26027855

Year Built 1905

Annual Tax Amount $25,949

Lot Size 0.557 Acres

Acres 0.5567

Property Sub-Type Office

Property Description

Salient Realty Group is pleased to offer 12-14 North Newstead Avenue to the market. This turn of the century former police station is one of the very last historic redevelopment opportunities in St. Louis' most illustrious neighborhood: The Central West End. Newstead holds a place on the National Register of Historic Places and is eligible for Federal and State Historic Tax Credits. Concept plans are available to add apartments in the huge attic, bringing the total building area to +/- 15,000 square feet.

Included in the sale is a half-acre + parking lot furthering Newstead's status as a one of a kind redevelopment opportunity. Parking in CWE is very limited; so having this lot behind the building is very valuable and rare. With this size of lot, there is also potential to add a building or an expansion behind the property as well.

Please reach out to the brokers for more information or to set up a tour. Survey and plans are available upon request.

Location

State MO

County St Louis City

Area 4 - Central West

Interior

Heating Natural Gas

Cooling None

Flooring Wood

Fireplace N

Exterior

Fence Chain Link

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Available

View Y/N No

Building

Water Public

Structure Type Brick

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Listing As Is, Standard


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Listed by Garen Lafser • Salient Realty Group, LLC

Nearby School & Business

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Joe LoPiccolo

Joe LoPiccolo

+1(314) 422-0125

Broker Associate | License ID: 2005026477

Broker Associate License ID: 2005026477

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