Saint Louis MO Commercial for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.69 Acres
Year built:
1925
Baths:
MLS#:
24057635

ADDITIONAL INFORMATION

Welcome to the Cabanne Castle! This historic 42-unit (24-1 bed/1 bath and 18-2 bed/2 bath) takeover project that has permits and plans approved (expired need to be renewed) has passed framing inspection and has a ton of upside potential and value add opportunity. The building has passed framing inspection (buyer will need to renew permits) and is ready for MEPs (mechanical, electric, plumbing). Capex updates that have already been done are: new roof, tuck pointing, new windows on rear and sides of building and some duct work ran. This sale also includes the lot 5329 Cabanne which is perfect for additional tenant parking. Value add opportunity by converting basement level into additional apartments, storage or offices. This is an amazing fast track opportunity to quickly take over a historic building.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.14 Acres
Year built:
1912
Baths:
MLS#:
24048450

ADDITIONAL INFORMATION

Excellent investment opportunity, updated 6-family just across the street from all the exciting new developments, restaurants, boutiques & galleries on the Delmar DivINe PLUS walking distance to the Danforth Campus at Washington University or a short Metro Link ride to the BJC Med Complex. Rare opportunity to ALSO purchase the additional West adjoining lot (5951 Washington Blvd., MLS# 24048680) to combine properties to potentially develop a new construction apartment or condominium complex in this sought-after neighborhood. Build your dream development in this prime location with exponential growth opportunities. 5951 Washington Blvd. (Lot) will only be sold with the building or after the building has sold. Flexible floor plans for roommates. Potential Gross Operating Income of $68,400 annually.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.36 Acres
Year built:
1908
Baths:
MLS#:
24041954

ADDITIONAL INFORMATION

Welcome to 5300 Maple Ave.: 2 buildings comprised of 18 units: 12 (2 Bedroom units), 4 multi-level town homes (2 bedroom units), 2 (1 bedroom units). Property has been receiving upgrades since acquisition: a newer roof less than 5 years old including the flat roof; 3 new decks (2 in back and 1 in middle); wooden fence in rear; metal fence in front; and many new systems in place. 14 units having been revamped and refreshed. Building features a basement utilized as an office and storage that could provide supplemental coin laundry income. The property is on a quiet dead-end street less than a mile from Forest Park golf course and the famous mansions on Lindell Blvd. Washington University is also nearby. This stabilized property with the tax rate of Saint Louis generates enough income to set it apart from any other multi-family buildings on the market. A realistic pro-forma suggests over a 10% cap if you increase the below market rents. This is an excellent opportunity!

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Andrea D. Conner, License 71221, Xome Inc., License 68390, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

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Saint Louis Real Estate

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 63112 has a population of 302,787. Saint Louis 63112 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 63112 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 63112 is 36.3 years.

Saint Louis Weather

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.

Saint Louis Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    77
    30-day change

Saint Louis Schools and Demographics

Education near Saint Louis, MO

Metric City County
High School Graduates 89.25 89.25
College Degree - 2 year 6.46 6.46
College Degree - 4 year 38.01 38.01
Graduate Degree 11.32 11.32
Expenditures per Student 15,291 15,291
Students per Teacher 12.2 12.2

Elementary Schools near Saint Louis, MO

School Grades Students P/T Ratio ZIP
Barbara Jordan Elementary School KG - 05 361 14.8 63130
Bryan Hill Elementary School PK - 05 219 13.3 63113
Cole Elementary School PK - 08 430 14.8 63108
Flynn Park Elementary School KG - 05 326 13.8 63130
Ford-Ford Br. Elementary Comm. Ed. PK - 06 336 15.3 63112
Jackson Park Elementary School KG - 05 373 14.6 63130
Julia Goldstein Early Child. PK - PK 117 10.5 63130
Laclede Elementary School PK - 05 323 15.4 63112
Pershing Elementary School KG - 05 369 15.7 63130
Washington Montessori PK - 05 403 15.8 63113

Middle Schools near Saint Louis, MO

School Grades Students P/T Ratio ZIP
Brittany Woods 06 - 08 689 14.2 63130
Langston Middle School 06 - 08 282 16.6 63112
Stevens Middle Community Ed. 06 - 08 174 63113

High Schools near Saint Louis, MO

School Grades Students P/T Ratio ZIP
Metro High School 09 - 12 335 13.7 63108
Normandy High School 09 - 12 753 19.8 63133
Soldan International Studies 09 - 12 554 16.2 63108
Sumner High School 09 - 12 440 12.1 63113
University City Senior High School 09 - 12 825 13.3 63130

Ungraded Schools near Saint Louis, MO

School Grades Students P/T Ratio ZIP
Collegiate School of Med/Bio 09 - 10 110 13.8 63112
Met Day Treatment Center 06 - 12 20 20 63133
Reach St. Louis Day Treatment 06 - 12 11 63112
The Biome UG - UG 0 63108

Demographics near Saint Louis, MO 63112

Metric Zip Code City
Neighborhood Type Inner City
Population 302,787 302,787
Population Density 4,904 4,904
Median Age 36.3 36.3
People per Household 2.1 2.1
Median Household Income 48,751 48,751
Average Income per Capita 33,326 33,326