Properties

Commercial Sale For Sale

5315 Cabanne Avenue, St Louis, Missouri 63112

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Property Description

The Cabanne Castle is a three-story Tudor-style brick condominium building in the West End, totaling approximately 31,898 sq. ft. It includes 42 units: (24) 1-bed 1-bath and (18) 2-bed / 1-bath. The lower level offers 24 underground parking spaces and room for tenant storage. This multi-family rehab is ideal for developers or investors. While the project needs completion, many plans and permits have already been approved by the city (some will require renewal). Completed improvements include demolition, new roof, new rear and side windows, tuckpointing, framing, and leveled floors. The building is ready for mechanical, electrical, and plumbing installation. An adjacent lot is included and can be used for additional parking. Historic tax credits are available. The lower level offers potential for added units, a lounge, or a gym. Estimated ARV: $5,200,000 Estimated Completion Cost: $2,800,000 Potential Tax Credits: $1,000,000+. There is potential for more than 20% equity upon completion.

Basic Details
Property Type : Commercial Sale
Listing ID : 25028864
Price : $1,400,000
Year Built : 1925
Status : Active
Property Sub Type : Multi-Family 5+
Features
Heating System : None
Cooling System : None
Parking : Underground, Parking Garage
SchoolDistrict : St. Louis City
Taxes Paid : $0
Laundry Features : No Laundry Facil., Other
Sewer : Public Sewer
Address Map
Mls Area Major : Central West
Neighborhood
Elementary School : Hamilton Elem. Community Ed.
High School : Beaumont Cte High School
High School District : St. Louis City
Middle School : Langston Middle
Additional Information
Lot Size Dimensions : 150x201
Number Of Units Total : 42
Water Source : Public
Construction Materials : Brick
Financial
Tax Annual Amount : 3486
Listing Information
List Agent Mls Id : JSCHOEN
List Office Mls Id : INVS01
Modification Timestamp : 2025-05-03T16:01:11Z
Originating System Name : MARIS
Special Listing Conditions : None, Other
Status Change Timestamp : 2025-05-02T21:02:29Z
Commercial Sale
  • Listing ID : 25028864
$1,400,000
Agent info
1 Degree Realty
8930 Gravois Road
Contact Agent