MIXED-USE REDEVELOPMENT OPPORTUNITY WITH POTENTIAL SELLER FINANCING. Unique opportunity in historic Tower Grove East. This approximately 5,560-square-foot corner building offers exceptional flexibility for an owner-user, investor, entrepreneur or developer. The updated main level, formerly operated as a convenience store and deli, may accommodate retail, professional services, salon/beauty, food service or other legally permitted uses. The upper level, formerly configured as two residential units, is currently gutted and ready for redevelopment. The former residential units are not presently configured for occupancy and will require redevelopment and applicable governmental approvals. Improvements include newer upper-level windows, storefront windows and select main-level renovations. Convenient access to I-44, I-55, I-64, downtown St. Louis and surrounding neighborhoods. Property is offered AS-IS, WHERE-IS; seller will make no repairs. Seller financing may be available to qualified buyers submitting a full-price offer, subject to underwriting, seller approval and definitive financing documents. Buyer must independently verify zoning, permitted uses, occupancy requirements and redevelopment approvals. Also listed in the Commercial category under MLS #26054395. Owner/Agent
Listed By
Agency Name: Linda Alexander Real Estate LLC
Shown By
Agency Title: RedKey Realty Leaders
Agency Phone: 314-692-7200
Estimated Payment
$ 2,087.59 per month $1,960.79 Principal & Interest $21.83 Property Tax $104.97 Homeowner's InsuranceIf the email address was found in our system, your password has been sent. Please check your inbox.
Back to Login
3124 Magnolia Avenue | MLS# 26051288
This multi-family property located at 3124 Magnolia Avenue, Saint Louis, MO 63118 is currently listed for sale with an asking price of $359,900. Magnolia Avenue is located within the St Louis City school district. Search Saint Louis real estate on www.redkeystlouis.com today.