3124 Magnolia AVE, St Louis, MO 63118
3124 Magnolia AVE, St Louis, MO 63118
3124 Magnolia AVE, St Louis, MO 63118
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jacob Geringer

Jacob Geringer

+1(314) 570-6794
$359,900
Est. payment /mo
5,560 SqFt
Save

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 5,560 sqft

Price per Sqft $64

Subdivision Lynch Add

MLS Listing ID 26051288

Style Traditional

Year Built 1907

Annual Tax Amount $262

Lot Size 1,655 Sqft

Acres 0.038

Property Sub-Type 2-4 Units

Property Description

MIXED-USE REDEVELOPMENT OPPORTUNITY WITH POTENTIAL SELLER FINANCING. Unique opportunity in historic Tower Grove East. This approximately 5,560-square-foot corner building offers exceptional flexibility for an owner-user, investor, entrepreneur or developer. The updated main level, formerly operated as a convenience store and deli, may accommodate retail, professional services, salon/beauty, food service or other legally permitted uses. The upper level, formerly configured as two residential units, is currently gutted and ready for redevelopment. The former residential units are not presently configured for occupancy and will require redevelopment and applicable governmental approvals. Improvements include newer upper-level windows, storefront windows and select main-level renovations. Convenient access to I-44, I-55, I-64, downtown St. Louis and surrounding neighborhoods. Property is offered AS-IS, WHERE-IS; seller will make no repairs. Seller financing may be available to qualified buyers submitting a full-price offer, subject to underwriting, seller approval and definitive financing documents. Buyer must independently verify zoning, permitted uses, occupancy requirements and redevelopment approvals. Also listed in the Commercial category under MLS #26054395. Owner/Agent

Location

State MO

County St Louis City

Area 2 - Central East

Rooms

Basement 8 ft + Pour, Unfinished, Walk-Out Access

Interior

Heating Natural Gas

Cooling Ductless, Electric, Multi Units

Flooring Ceramic Tile, Plank

Fireplace N

Exterior

Parking Features false

Fence Partial

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Water Available, Sewer Available, Phone Available

View Y/N No

Roof Type Flat

Building

Lot Description City Lot, Corner Lot, Level

Water Public

Structure Type Brick,Other

Schools

Elementary Schools Shenandoah Elem.

Middle Schools Long Middle Community Ed. Center

High Schools Roosevelt High

School District St. Louis City

Others

Ownership Private

Acceptable Financing Conventional, Owner Will Carry, Private Financing Available

Listing Terms Conventional, Owner Will Carry, Private Financing Available

Special Listing Condition Listing As Is

Read Less Info
Listed by Linda Alexander • Linda Alexander Real Estate LLC

NEARBY SCHOOLS & PROPERTIES

GET MORE INFORMATION

Jacob Geringer

Jacob Geringer

+1(314) 570-6794

Broker License ID: 2013031208

Broker License ID: 2013031208

Name

Name

Phone*

Phone

Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Marketpoint Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

By submitting this form, you agree to receive SMS messages from MarketPoint Realty regarding your inquiry and follow-ups. Message frequency varies. Msg & data rates may apply. Reply STOP to opt out or HELP for assistance.

Go tour this home

3124 Magnolia AVE