5400-4 Magnolia Avenue
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5400-4 Magnolia Avenue
3 Retail Properties Offered at $700,000 in Saint Louis, MO
Investment Highlights
- Available as Package or Individually
- Perfect for an Owner-User or Investor
- Prime Corner Location on the Hill
- Great Development Site Opportunity
- 2 Apartments & 3 Storefronts
- Existing Rents Below Market
Executive Summary
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 property sits at the corner of Magnolia & Macklind in the ever popular Hill neighborhood. The site offers great potential for group up development.
As a Package: $700,000
Or
Individually:
5400 Magnolia Avenue ($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 Avenue ($195,000):
+/- 900 SF; one (1) retail storefront; vacant.
5404 Magnolia Avenue ($155,000):
+/- 800 SF; one (1) apartment; fully leased.
**Reach out for lease details or to schedule a tour today. Other adjacent property also available**
As a Package: $700,000
Or
Individually:
5400 Magnolia Avenue ($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 Avenue ($195,000):
+/- 900 SF; one (1) retail storefront; vacant.
5404 Magnolia Avenue ($155,000):
+/- 800 SF; one (1) apartment; fully leased.
**Reach out for lease details or to schedule a tour today. Other adjacent property also available**
Property Facts
| Price | $700,000 | Number of Properties | 3 |
| Price / SF | $163.51 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 4,281 SF |
| Status | Active | Total Land Area | 0.11 AC |
| Price | $700,000 |
| Price / SF | $163.51 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 4,281 SF |
| Total Land Area | 0.11 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5402 Magnolia Ave, Saint Louis, MO 63139 | Retail | 900 SF | 1930 | - |
| 5404 Magnolia Ave, Saint Louis, MO 63139 | Retail | 800 SF | 1908 | - |
| 5400 Magnolia Ave, Saint Louis, MO 63139 | Retail | 2,581 SF | 1891 | - |
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Ben Gruender -
Garen Lafser -
Salient Realty Group LLC
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5400-4 Magnolia Avenue
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