For Sale
$1,250,000

1133 Pne St St St. Louis, MO 63101

Historic 22-unit apartment building, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 5-story, 28,122 square foot multifamily building located at 1133 Pine Street in St. Louis, Missouri, presents a unique investment opportunity. Priced at $1,250,000 ($76.45/sq ft), this property boasts 22 units spread across its five floors. Situated on a 0.11-acre lot, the building includes a convenient surface parking lot with 24 spaces. Its prime location places it just one block from Saint Louis University Law School, offering excellent potential for student housing or other uses. The property is listed on the National Register of Historic Places, and the transferable Historic Tax Credits are already secured, providing significant financial advantages for the buyer. This presents an ideal redevelopment opportunity for either multifamily use, creative office space, or even owner-occupancy. The building's size and location within an Opportunity Zone further enhance its investment appeal. This is a rare chance to acquire a substantial property with significant historical significance and considerable upside potential in a vibrant St. Louis neighborhood. The existing floor plans encompass 22 units, offering flexibility for various redevelopment scenarios.

Highlights

  • 28,122 SF, five-story building on 0.11 acres.
  • Located in a designated Opportunity Zone.
  • Excellent redevelopment potential for office, multifamily, or owner-occupied use.
  • Features 22 units listed on the National Register of Historic Places.
  • Transferable Historic Tax Credits secured.
  • Includes a 24-car surface parking lot.

Property Details for 1133 Pne St St

Property type
Apartment buildings
Square Feet
28,122 SF
Stories
5
Lot Size (sq. ft)
4,792 SF
Units
22

Location Insight

City
St. Louis
County
St. Louis
State
Missouri
Latitude
38.6290983
Longitude
-90.1968856
1133 Pne St St, St. Louis, Missouri

FAQs

What type of property is this?
Apartment building - Historic 22-unit apartment building, redevelopment opportunity.
Where is the apartment building located?
The property is located at 1133 Pne St St St. Louis, MO.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 28,122 SF, five-story building on 0.11 acres.; Located in a designated Opportunity Zone.; Excellent redevelopment potential for office, multifamily, or owner-occupied use.
How can I contact the broker?
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1133 Pne St St
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