For Sale
$249,000

2930 Michigan Ave St St. Louis, MO 63118

4,311 SF, 2 Units, Huge Potential

Overview

Added:
Dec 11, 2024
Days on market:
137
This unique 4,311 square foot, two-story building in St. Louis, Missouri's Tower Grove East neighborhood presents a compelling investment opportunity. Currently vacant, the property boasts a ground floor ideally suited for warehouse, workshop, or vehicle storage, featuring a sliding garage door with alley access and a potential second drive-in door. The building's history includes 35+ years of use as a maintenance garage and classic car storage. The second floor offers a spacious apartment ready for renovation, showcasing original hardwood floors, pocket doors, abundant natural light, and vintage built-ins. An unfinished rear area on the second floor presents further expansion possibilities, potentially creating a separate studio apartment or additional living space connected to the existing apartment. The property's zoning (B) allows for multiple uses, including the potential to develop up to four individual apartments. With 14-foot ceilings in the warehouse space and one dock-high door, this property offers a blend of historical charm and significant redevelopment potential in a desirable location. The building was constructed in 19pp and includes one pad. The asking price is $249,000. The net rentable square footage is 4,311.

Highlights

  • 4,311+/- SF mixed-use building with ground floor garage ideal for storage or workshop.
  • Ground floor features a large sliding garage door with alley access and a second potential drive-in door.
  • Second floor offers a spacious apartment with hardwood floors, pocket doors, and abundant natural light, ready for renovation.
  • Unfinished rear second-floor space allows for expansion, potentially creating a studio apartment or additional living area.
  • Development potential for up to four individual apartments in a prime Tower Grove East location.

Property Details for 2930 Michigan Ave St

Property type
Warehouses, Specialty properties
Square Feet
4,311 SF
Year Built
19
Buildings
1
Stories
2
Units
2

Location Insight

City
St. Louis
County
State
Missouri
Latitude
38.602600269214
Longitude
-90.23407131619

FAQs

What type of property is this?
Warehouse - 4,311 SF, 2 Units, Huge Potential
Where is the warehouse located?
The property is located at 2930 Michigan Ave St St. Louis, MO.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 4,311+/- SF mixed-use building with ground floor garage ideal for storage or workshop.; Ground floor features a large sliding garage door with alley access and a second potential drive-in door.; Second floor offers a spacious apartment with hardwood floors, pocket doors, and abundant natural light, ready for renovation.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2930 Michigan Ave St
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