Properties

Commercial Sale For Sale

5400 Magnolia Avenue, St Louis, Missouri 63139

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Property 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.**

Basic Details
Property Type : Commercial Sale
Listing ID : 24069794
Price : $350,000
Year Built : 1891
Lot Area : 0.06 Acre
Status : Active
Property Sub Type : Commercial & Indr.
Features
Heating System : Forced Air
Cooling System : Electric
Parking : Other
Taxes Paid : $0
Sewer : Public Sewer
Utilities : Electricity Available, Gas to Site, Water Available, Sewer Available
Address Map
Directions : The property sits at the corner of Magnolia & Macklind in the ever popular Hill neighborhood.
Mls Area Major : South City
Zoning : F
Additional Information
Electric : 220 Volts
Water Source : Public
Current Use : Mixed Use, Two Stories, Bar/Tavern, Retail, Residential, Store Front, Apartment
Financial
Tax Annual Amount : 2216
Listing Information
List Agent Mls Id : BGRUENDE
List Office Mls Id : SLRG01
Modification Timestamp : 2024-11-07T16:28:06Z
Originating System Name : MARIS
Special Listing Conditions : None
Status Change Timestamp : 2024-11-06T21:47:35Z
Co List Agent Mls Id : GALAFSER
Co List Office Mls Id : SLRG01
Co List Office Name : Salient Realty Group, LLC
Commercial Sale
  • Listing ID : 24069794
  • Lot Area : 0.06 Acre
$350,000
Agent info
1 Degree Realty
8930 Gravois Road
Contact Agent