Commercial for Sale: 5400 Magnolia Avenue, St Louis, MO 63139

2,581 sqft
$350,000
$350,000
5400 Magnolia Avenue, St Louis, MO 63139
2,581 sqft
$350,000
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Price:
$350,000
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Type Commercial
Square Footage 2,581 sqft
Lot Size 0.06 acres
Year Built 1891
Taxes Paid $2,216
City St Louis
County St Louis City
Subdivision Southwest Garden
MLS 24069794
Status Active
DOM 15 days
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 site offers great potential for group up development. Package Total: $700,000 Or Individually, with the following details: 5400 Magnolia ($350,000): +/- 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 ($195,000): +/- 900 SF; one (1) retail storefront; vacant. 5404 Magnolia ($155,000): +/- 800 SF; one (1) apartment; fully leased. **Reach out for lease details or to schedule a tour today.**

Lot & Building Features

Cooling Electric
Heating Forced Air
Parking Description Other
Sewer Public Sewer
Tax Year 2023
Water Public

Price History of 5400 Magnolia Avenue, St Louis, MO

Date Name Price Difference
11/06/2024 Listing Price $350,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Comparable Properties Sold Near By

Low
$449,900
$168 / sqft
Average
$449,900
$168 / sqft
High
$449,900
$168 / sqft
Address City Zip Beds Baths Price Sq. Ft. $/SQFT Sold Date
This Listing St Louis 63139 0 0.0 $350,000 2,581 $136 N/A
6979 Chippewa Street St Louis 63109 0 0.0 $449,900 2,680 $168 07/23/2024

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Photo of Shaun Doerr
Shaun Doerr
REALTOR
Direct: 314-791-2422
Office
111 Cliff Cave Rd Ste 200
Saint Louis, MO 63129
314-408-7070
Listed by Salient Realty Group, LLC, Ben Gruender & Garen Lafser
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5400 Magnolia Avenue (MLS #24069794) is a commercial listing located in St Louis, MO. This commercial listing is 2,581 sqft and on a lot of 2,614 sqft (or 0.06 acres) and is 133 years old. This property was listed on 11/06/2024 and has been priced for sale at $350,000.

The commercial listing at 6979 Chippewa Street in St Louis is nearby and sold for $449,900 on 07/23/2024.

Nearby zip codes are 63109, 63110, 63116, 63117 and 63143. This property neighbors other cities such as Maplewood and Richmond Heights.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Salient Realty Group, LLC

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