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    OFF-MARKET
    Retail properties & Spaces

    2855 Magnolia Ave St, St. Louis, MO 63118

    3,292 SF 0.26 ac lot Built 1930
    Property ID
    Property summary
    AI-generated overview

    This turnkey auto body shop presents a rare opportunity for acquisition in St. Louis, Missouri. Located at 2855 Magnolia Ave, this 3,292 square foot facility sits on a 0.26-acre lot (APN 2077-00-0450-0) and is zoned for commercial use. The single-story, Class B building, constructed in 1930, underwent extensive renovations in 2015 and boasts a new roof installed in 2023. The property is fully air-conditioned and features seven drive-in doors, a customer waiting area, and a wealth of included fixtures, fittings, and equipment (FFE). This includes a paint booth, lifts, and a compressor, among other items. The asking price is $750,000, translating to $227.83 per square foot. Its prime South City location makes this a highly desirable property for an automotive operator seeking a well-equipped and established business. The property is currently vacant, offering immediate occupancy for the new owner. This is a unique opportunity to acquire a ready-to-operate auto body shop with significant recent improvements.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 1930
    Total area 3,292 SF
    Lot 0.26 ac (11,326 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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