5400 Magnolia Avenue , St Louis, MO 63139
St Louis, MO 63139
Description
Available individually or as a package, 5400-4 Magnolia Avenue are three properties that offer a prime opportunity to both owner-users, investors, or developers. One storefront is currently vacant and offers owner-users the ability to move their business into a building with significant rental income. Investors can fill the vacant space while adding fantastic buildings to their portfolio. Existing rents in the other units are well below market which also offers additional upside. The site offers great potential for group up development. Package Total: $700,000 Or Individually, with the following details: 5400 Magnolia ($350,000): +/- 2,581 SF; two (2) retail storefronts on the first floor and one (1) apartment on the second floor; all spaces fully leased. 5402 Magnolia ($195,000): +/- 900 SF; one (1) retail storefront; vacant. 5404 Magnolia ($155,000): +/- 800 SF; one (1) apartment; fully leased. **Reach out for lease details or to schedule a tour today.**
Details
| Mls | 24069794 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1891 |
| Days On Site | 32 |
| Listing Provided By | Salient Realty Group, LLC | Benjamin Gruender |
Features
| Sq Feet | 2,581 |
|---|---|
| Zoning | F |
| Acreage | 0.06 |
Market Activity 63139
Listings courtesy of Maris MLS as distributed by MLS GRID.
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| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63139 |
| Area | South City |
| Community Name | Southwest Garden |
| Listing VS Median (in Southwest Garden) | |
Price: $350,000 low | high Med: $270,000 SqFt: 2,581 low | high Med: 1,297 $ / SqFt: $136 low | high Med: $210 On Site: 32 low | high Med: 47.000000 | |