5400 Magnolia Ave St St. Louis, MO 63139
- Retail properties
- 2,581 SF
Current Use by Public Records
- Retail properties
Property Details for 5400 Magnolia Ave St
- Year built
- 1891
- Property size
- 2,581 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Louis
- County
- State
- Missouri
- Longitude
- -90.2787
- Latitude
- 38.61
