5400-4 Magnolia Avenue
$700,000
5400-4 Magnolia Ave, Saint Louis, MO 63139
4,281 sqft
Building Size
0.0577 acres
Lot Area
Details:
Highlights:
- Available as Package or Individually
- Great Development Site Opportunity
- Perfect for an Owner-User or Investor
- 2 Apartments & 3 Storefronts
- Prime Corner Location on the Hill
- Versatile Space for a Variety of Uses
- Existing Rents Below Market
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 property sits at the corner of Magnolia & Macklind in the ever popular Hill neighborhood. The site offers great potential for group up development.
5400 Magnolia Avenue:
+/- 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 Avenue:
+/- 900 SF; one (1) retail storefront; vacant.
5404 Magnolia Avenue:
+/- 800 SF; one (1) apartment; fully leased.
**Reach out for lease details or to schedule a tour today.**
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Documents:
| Title | ||
|---|---|---|
| SRG___5400-4_Magnolia___For_Sale.pdf | ||
| SRG___5400-4_Magnolia___For_Sale.pdf |
Location
Gallery
