For Sale
$350,000

5400 Magnolia Ave St St. Louis, MO 63139

St. Louis, MO investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
138
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

FAQs

What type of property is this?
Retail property - St. Louis, MO investment opportunity.
Where is the retail property located?
The property is located at 5400 Magnolia Ave St St. Louis, MO.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 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.
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.
How do I access a private listing?
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5400 Magnolia Ave St
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