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
CoolingElectric
HeatingForced Air
Parking DescriptionOther
SewerPublic Sewer
Tax Year2023
WaterPublic
Price History of 5404 Magnolia Avenue, St Louis, MO
Date
Name
Price
Difference
11/06/2024
Listing Price
$155,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
5404 Magnolia Avenue (MLS #24069805) is a commercial listing located in St Louis, MO.
This commercial listing is 800 sqft and on a lot of 871 sqft (or 0.02 acres) and is 133 years old. This property was listed on 11/06/2024 and has been priced for sale at $155,000.
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.
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Listing information courtesy of: Salient Realty Group, LLC
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