3124 Magnolia AVE, St Louis, MO 63118
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3124 Magnolia AVE, St Louis, MO 63118
3124 Magnolia AVE, St Louis, MO 63118
3124 Magnolia AVE, St Louis, MO 63118
3124 Magnolia AVE, St Louis, MO 63118
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Kevin Boyer

Kevin Boyer

+1(573) 747-2863
$ 329,900
Est. payment /mo
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3124 Magnolia AVE St Louis, MO 63118

1,655 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Lynch Add

MLS Listing ID 26054395

Year Built 1907

Annual Tax Amount $262

Lot Size 1,655 Sqft

Acres 0.038

Property Sub-Type Mixed Use

Property Description

LIVE • WORK • INVEST! SELLER FINANCING AVAILABLE — RATES AS LOW AS 6.99% FOR QUALIFIED BUYERS. Exceptional mixed-use opportunity in historic Tower Grove East. This approximately 5,560 SF two-story brick corner building offers flexibility for an owner-user, investor, entrepreneur or developer. The substantially updated main level offers approximately 2,780 SF and was formerly operated as a convenience store and deli. Features include high ceilings, distinctive decorative ceilings, updated flooring and restroom, storefront windows, retail fixtures, beverage coolers, service counter and ductless cooling. Potential uses may include retail, professional services, salon/beauty, food service or other legally permitted uses. The approximately 2,780 SF upper level, formerly configured as two residential units, offers an open canvas for redevelopment with newer windows, exposed brick, subfloor improvements and framing underway. Former residential units are not presently configured for occupancy and will require completion and applicable approvals. Convenient access to I-44, I-55, I-64 and downtown St. Louis. Property offered AS-IS, WHERE-IS; seller will make no repairs. Seller financing subject to buyer qualification, down payment, credit profile, transaction structure, Seller approval and definitive financing documents. Buyer to independently verify zoning, permitted uses, occupancy requirements, licensing and redevelopment approvals. Also listed Residential Income MLS #26051288. Owner/Agent.

Location

State MO

County St Louis City

Area 2 - Central East

Interior

Heating Natural Gas

Cooling Ductless, Electric, Multi Units

Flooring Ceramic Tile, Plank

Fireplace N

Exterior

Fence Partial

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

View Y/N No

Building

Water Public

Structure Type Brick,Other

Others

Ownership Private

Acceptable Financing Cash, Conventional, Seller Financing

Listing Terms Cash, Conventional, Seller Financing

Special Listing Condition Listing As Is

Listed by Linda Alexander • Linda Alexander Real Estate LLC
Kevin Boyer

Kevin Boyer

Agent License ID: 2022044932

+1(573) 747-2863

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3124 Magnolia AVE