Rock Island Realty

3124 Magnolia Avenue

St Louis, MO 63118

MLS#: 26054395

$359,900

Status: Active
Listing number: 26054395
Listing provided by: Linda Alexander Real Estate LLC
Listing agent phone: None
Last update: 4 hours ago
New on site 4 days ago
Browse Properties
Lynch Add - Commercial Sale

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1907

Sq.Footage

5,560

MIXED-USE COMMERCIAL REDEVELOPMENT OPPORTUNITY WITH POTENTIAL SELLER FINANCING. Approximately 5,560 square feet in a two-story corner building located in historic Tower Grove East. The updated main level, formerly operated as a convenience store and deli, offers potential for retail, professional services, salon/beauty, food service or other legally permitted commercial uses. The upper level, formerly configured as two residential units, is currently gutted and ready for redevelopment. The former residential units are not presently configured for occupancy and will require redevelopment and applicable governmental approvals. Improvements include newer upper-level windows, storefront windows and select main-level renovations. Convenient access to I-44, I-55, I-64, downtown St. Louis and surrounding neighborhoods. Property is offered AS-IS, WHERE-IS; seller will make no repairs. Seller financing may be available to qualified buyers submitting a full-price offer, subject to underwriting, seller approval and definitive financing documents. Buyer must independently verify zoning, permitted uses, occupancy requirements, licensing and redevelopment approvals. Also listed in the Residential Income category under MLS #26051288. Owner/Agent

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Ductless, Electric, Multi Units

  • Heating YN

    YES

  • Heating

    Natural Gas

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Brick, Other

  • Parking

    Off Street, Parking Pad

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.038

  • Lot Size(square feet)

    1,655

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $359,900

  • Tax Amount

    $262

  • Sq. Footage

    5,560

  • Price/SqFt

    $64

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Foundation Details

    Block, Brick/Mortar, Combination

  • Ownership

    Private

  • Water Source

    Public

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Listing Courtesy of Linda Alexander , Linda Alexander Real Estate LLC

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Agent Selena Coble

Agent / Realtor®

Selena Coble

Call Selena today to schedule a private showing.

(573) 280-8660

selena@homeatthelake.com


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MIXED-USE COMMERCIAL REDEVELOPMENT OPPORTUNITY WITH POTENTIAL SELLER FINANCING. Approximately 5,560 square feet in a two-story corner building located in historic Tower Grove East. The updated main level, formerly operated as a convenience store and deli, offers potential for retail, professional services, salon/beauty, food service or other legally permitted commercial uses. The upper level, formerly configured as two residential units, is currently gutted and ready for redevelopment. The former residential units are not presently configured for occupancy and will require redevelopment and applicable governmental approvals. Improvements include newer upper-level windows, storefront windows and select main-level renovations. Convenient access to I-44, I-55, I-64, downtown St. Louis and surrounding neighborhoods. Property is offered AS-IS, WHERE-IS; seller will make no repairs. Seller financing may be available to qualified buyers submitting a full-price offer, subject to underwriting, seller approval and definitive financing documents. Buyer must independently verify zoning, permitted uses, occupancy requirements, licensing and redevelopment approvals. Also listed in the Residential Income category under MLS #26051288. Owner/Agent

3124 Magnolia Avenue

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