5404 Magnolia Ave St St. Louis, MO 63139
- Retail properties
- 800 SF
Current Use by Public Records
- Retail properties
Property Details for 5404 Magnolia Ave St
- Property size
- 800 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Louis
- County
- State
- Missouri
- Longitude
- -90.2789
- Latitude
- 38.61
