Remarks

Located in The Grove, surrounded by popular bars, restaurants, nightlife, major hospitals, SLU, Forest Park, and convenient highway access. Perfect for investors, developers, or owner-occupants seeking a strategic income-producing asset. This commercial building is 6,000 sq. ft. (3,000 sq. ft. main level + 3,000 sq. ft. finished basement). Tenant is month to month. Potential uses are offices, retail, a restaurant or bar, an event venue, multi-family apartments, or mixed-use configurations. Part of the parcel includes a vacant 2/10 acre lot that could be used for parking, multi-family, or townhomes. Comparable lots in the neighborhood have sold for up to $125,000. The building has been renovated within the last five years and is in excellent condition ready for immediate use. This property offers a rare opportunity to capitalize on the area’s ongoing revitalization.

Details

MLS#: 25004800
Price: $599,000

Style: Commercial & Indr.
Sq Ft: 6000.0
Year Built: 1907

County: St Louis City
Subdivision: Laclede Race Course Sub
Lot Size: 103x125
Tax Fee: 4804