Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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