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    3910 Lindell

    St Louis, MO 63108
    • $595,000
    • STATUS: Active
    • ON SITE: 369 days
    • ID#: 20054198
    Price Reduced
    UPDATED: 55 min ago
    $595,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 15,132
      SQFT
    • $39
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1898
    County:
    Area:

    School Ratings & Info

    Description

    Central West End commercial redevelopment opportunity. Prime location next to St Louis University and Cortex. 15,132 SF Building (3 floors @5,044 each). Potential uses include multi-family student housing, office space, co-working, micro apartments or mixed use. Location and premium rents for student housing make this an attractive conversion. Sample drawings and renderings available for 15 to 18 apartments, add a potential 4th floor and increase the number of apartments even more. Market rent for updated 1 beds close by renting for $890-$1,370 and 2 beds from $1,195 to $1,795. Asking price of $47 sq ft is comparable to other similar apartment conversions that have sold. Located in an Opportunity Zone. Rear parking lot w/ 12 spaces. Also available for $295,000 is adjacent parking lot at 3909-11 West Pine with approximately 33 parking spaces.

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    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-08-04T14:50:05.947.

    Terry Gannon | Re/Max Results: 314-359-0723
    www.terrygannon.net/homes/108388037
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    3910 Lindell St Louis, MO 63108

    • Price: $595,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: 20054198
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    15,132
    SQFT
    $39
    $/SQFT
    1898
    Built
    Neighborhood:
    Lindell Add 02
    County:
    St Louis City
    Area:
    Central West
    Property Description
    Central West End commercial redevelopment opportunity. Prime location next to St Louis University and Cortex. 15,132 SF Building (3 floors @5,044 each). Potential uses include multi-family student housing, office space, co-working, micro apartments or mixed use. Location and premium rents for student housing make this an attractive conversion. Sample drawings and renderings available for 15 to 18 apartments, add a potential 4th floor and increase the number of apartments even more. Market rent for updated 1 beds close by renting for $890-$1,370 and 2 beds from $1,195 to $1,795. Asking price of $47 sq ft is comparable to other similar apartment conversions that have sold. Located in an Opportunity Zone. Rear parking lot w/ 12 spaces. Also available for $295,000 is adjacent parking lot at 3909-11 West Pine with approximately 33 parking spaces.
    Exterior Features

    Attached Garage YN No Construction Materials Conventional Lot Size Dimensions 214'X50'x214'x50' Lot Size Source County Records Parking Features Parking Lot Parking Total 12 Road Frontage Type City Street Unit Location City

    Interior Features

    Above Grade Finished Area Source Public Records Cooling Electric Heating Forced Air Heating YN Yes

    Property Features

    Association St. Louis Association Of Realtors Commercial Type Commercial LandMulti-Family LandRetailSpecial Purpose/Use Current Use 3 Stories Or MoreN/A Disclosures UnknownNo Other Known RestrOthr-Call List Agent Electric Other Inclusions Building & Land Lease Term None Miscellaneous Alley Net Operating Income 0 Possession Close Of Escrow Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 13496 Tax Year 2019 Transaction Type Sale Utilities Cable AvailableElectricity AvailableGas To SiteWater AvailableSewer Available Water Source Public Zoning Ofc Bldg

    Listing provided courtesy of Invest St. Louis. Listing information © 2021 Mid America Regional Information Systems, Inc.
    Listing information © 2021 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2021-08-04T14:50:05.947.

    Terry Gannon | Re/Max Results: 314-359-0723
     
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    Terry Gannon | Re/Max Results
    7620 Augusta Ave
    St. Louis MO, 63121