This mixed-use building presents a prime opportunity for an investor or developer to transform a blank slate into a high-performing asset in the heart of South City. The property has undergone significant improvements, including a large new deck and a three-car garage, but still requires plumbing, electrical updates, drywall, and finishing touches to reach its full potential. Six units are already gutted and framed, making it well on its way to becoming a fully functional six-unit apartment building. The building currently features three apartments on the upper level and three commercial spaces on the main level. Additionally, a large, open, unfinished attic offers even more potential for creative development. Located in a vibrant and rapidly redeveloping area, the property is surrounded by sought-after neighborhoods like Tower Grove East, Fox Park, and Benton Park West. Its South City location provides easy access to public transportation, major highways, and downtown St. Louis.
Basic Details
Property Type : Commercial Sale
Listing ID : 25006688
Price : $375,000
Year Built : 1885
Lot Area : 0.04 Acre
Status : Active
Property Sub Type : Commercial & Indr.
Features
Heating System : Forced Air
Cooling System : Other
Parking : Enclosed
Taxes Paid : $0
Sewer : Public Sewer
Utilities : Electricity Available, Water Available, Sewer Available
Address Map
Mls Area Major : Central East
Zoning : F
Additional Information
Electric : Other
Lot Size Dimensions : 50x88
Possible Use : Meeting Hall,Office,Professional Service,Residential,Retail,Service
Previous Price : 425000
Water Source : Public
Construction Materials : Conventional
Current Use : Mixed Use, Other, Three Stories or More, N/A