5404 Magnolia Ave StSt. Louis, MO 63139

Property Details for 5404 Magnolia Ave St

Property size (Sq ft)

800 SF

Property type

Retail properties

Property subtype

Office properties

Description

This exceptional mixed-use property, located at 5404 Magnolia Avenue in St. Louis, Missouri, presents a unique investment opportunity. The 800-square-foot building, classified as Class B, is currently 100% occupied and features a creative office and storefront configuration. Situated on a 905-square-foot lot, the property is zoned F and boasts a single unit within a single building. The asking price is $155,000, making it an attractive option for owner-users or investors seeking a strong return. While this listing focuses on the 5404 Magnolia Avenue property, it's important to note that this is part of a larger portfolio of three buildings, offering potential for package acquisition. The property's location in the desirable Hill neighborhood provides excellent visibility and access to a thriving community. The current tenant occupancy ensures immediate cash flow, while the potential for rent increases based on below-market rates presents further upside. This versatile space is suitable for a variety of uses, making it an ideal investment for those seeking a stable, income-generating asset with significant growth potential. The property's parcel number (APN) is 405818160. This is an owner/user investment property.

Location Insight

City

St. Louis

County

State

Missouri

Latitude

38.61

Longitude

-90.2789

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