Unlock the potential of this historic 1.5-story brick commercial building, once a thriving car dealership and more recently home to a mechanic shop. Now awaiting its next chapter, this property boasts endless possibilities! Featuring an expansive lot with exceptional parking, it’s perfectly positioned for your vision—whether retail, office, or a unique multi-use space. Just 15 minutes from St Louis International Airport, Downtown St. Louis, Central West End, Delmar Loop, and Forest Park, this high-visibility location offers unmatched access to some of the city’s most vibrant hotspots. Don’t miss your chance to reimagine and revitalize this prime property—opportunities like this are rare! Property is being sold in its "as is" condition.
This 8-plex apartment building located at 5154 Palm Street offers a tremendous opportunity for the right investor or developer. Situated in a growing neighborhood of St. Louis, this property is a blank canvas ready for renovation. Currently vacant and in need of significant rehab, it has the potential to be transformed into a profitable rental asset or a multi-family project. The property features 8 individual 2BR/1 Bath units, providing ample space for value-add improvements. With the right vision and investment, this building can be restored to its former glory, bringing strong cash flow and long-term value. Whether you're a seasoned investor looking for a project or a developer seeking to revitalize an area, 5154 Palm Street is an ideal opportunity. Don’t miss out on this diamond in the rough! Be Sure to check into potential funds and grants available through the city and special programs! Seller Financing May Be Available Also. Seller to Do No Repairs.
The median home value in Saint Louis, MO is $155,100. This is higher than the county median home value of $153,700. The national median home value is $338,100. The average price of homes sold in Saint Louis, MO is $155,100. Approximately 36.32% of Saint Louis homes are owned, compared to 44.89% rented, while 18.79% are vacant. Saint Louis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Saint Louis real estate agent to arrange a tour today!
Saint Louis, Missouri 63115 has a population of 302,787. Saint Louis 63115 is less family-centric than the surrounding county with 17.26% of the households containing married families with children. The county average for households married with children is 20.71%.
The median household income in Saint Louis, Missouri 63115 is $48,751. The median household income for the surrounding county is $48,751 compared to the national median of $69,021. The median age of people living in Saint Louis 63115 is 36.3 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 22.8 degrees. The average rainfall is approximately 42.2 inches per year, with 15.5 inches of snow per year.