For Sale
$350,000

5400 Magnolia Ave StSt. Louis, MO 63139

St. Louis, MO investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional mixed-use portfolio in St. Louis, Missouri, presents a compelling investment opportunity for owner-users and investors alike. The portfolio comprises three properties totaling approximately 4,281 square feet, situated on a prime corner lot in the desirable Hill neighborhood at 5400 Magnolia Avenue. The main building, 5400 Magnolia Avenue, boasts 2,581 square feet, featuring two ground-floor retail storefronts and a second-floor apartment, all currently 100% occupied. A second building, 5402 Magnolia Avenue, offers 900 square feet of vacant retail space, ideal for an owner-user to establish their business while generating rental income from the other properties. Finally, 5404 Magnolia Avenue includes an 800-square-foot apartment, also fully leased. The properties are classified as Class B, built in 1891, and sit on a 2,509-square-foot lot, zoned F. The portfolio's current rents are below market value, offering significant potential for increased revenue. This versatile property is perfect for a variety of uses, and its prime location presents a great opportunity for future development. The asking price for the entire portfolio is $350,000. Individual property details and lease information are available upon request. This is a rare chance to acquire a well-positioned, income-generating portfolio in a thriving St. Louis neighborhood.

Highlights

  • Exceptional mixed-use portfolio in St. Louis, MO, available as a package or individually.
  • Great development opportunity on a prime corner lot in the desirable Hill neighborhood.
  • Ideal for owner-users or investors; features two apartments and three storefronts.
  • Located at 5400 Magnolia Avenue, totaling 4,281 square feet on a 2,509-square-foot lot.
  • Currently generating below-market rents, offering significant upside potential.

Property Details for 5400 Magnolia Ave St

Property type
Retail properties, Office properties
Square Feet
2,581 SF
Class
B
Year Built
1891
Buildings
1
Stories
2
Units
3

Location Insight

City
St. Louis
County
State
Missouri
Latitude
38.609951184263
Longitude
-90.278659410719
5400 Magnolia Ave St, St. Louis, Missouri

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5400 Magnolia Ave St
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