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3124 Magnolia Avenue, Saint Louis, MO 63118

$329,900
  • 3124 Magnolia Avenue, Saint Louis, MO 63118 Main Photo

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Active
MLS#26054395
STATUSActive PROPERTY TYPECommercial - Retail SUBDIVISIONLynch Add

Property Description

LIVE WORK INVEST! SELLER FINANCING AVAILABLE - RATES AS LOW AS 6.99% FOR QUALIFIED BUYERS. Exceptional mixed-use opportunity in historic Tower Grove East. This approximately 5,560 SF two-story brick corner building offers flexibility for an owner-user, investor, entrepreneur or developer. The substantially updated main level offers approximately 2,780 SF and was formerly operated as a convenience store and deli. Features include high ceilings, distinctive decorative ceilings, updated flooring and restroom, storefront windows, retail fixtures, beverage coolers, service counter and ductless cooling. Potential uses may include retail, professional services, salon/beauty, food service or other legally permitted uses. The approximately 2,780 SF upper level, formerly configured as two residential units, offers an open canvas for redevelopment with newer windows, exposed brick, subfloor improvements and framing underway. Former residential units are not presently configured for occupancy and will require completion and applicable approvals. Convenient access to I-44, I-55, I-64 and downtown St. Louis. Property offered AS-IS, WHERE-IS; seller will make no repairs. Seller financing subject to buyer qualification, down payment, credit profile, transaction structure, Seller approval and definitive financing documents. Buyer to independently verify zoning, permitted uses, occupancy requirements, licensing and redevelopment approvals. Also listed Residential Income MLS #26051288. Owner/Agent.

3124 Magnolia Avenue | MLS# 26054395

This commercial property located at 3124 Magnolia Avenue, Saint Louis, MO 63118 is currently listed for sale with an asking price of $329,900. Search Saint Louis real estate on www.redkeystlouis.com today.

Property Features

Property Type: Commercial - Retail
Cooling: Ductless, Electric, Multi Units
Heating: Natural Gas
Lot Size: 0.04 Acres
Taxes: $262
Year Built: 1907

Feature Descriptions

Days on Site: 52
Electric: Ameren
Exterior: Brick, Other
Fencing: Partial
Parcel#: 1453-9-160-0
Parking: Off Street, Parking Pad
Parking Total: 2
Potential Use: Commercial, Convenience Store, Other, Place of Worship, Professional Service, Professional/Office, Residential, Retail
Road Frontage: Alley, City Street
Water: Public

Listed By / Shown By

Listed By

Agency Name: Linda Alexander Real Estate LLC

Shown By

Agency Title: RedKey Realty Leaders
Agency Phone: 314-692-7200

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