Invest in Prime CWE Location: Potential-Packed Property! Currently office space, with 9 off-street parking spaces has excellent potential for retail or multifamily. This centrally located property near Forest Park, St. Louis University, Cortex and Barnes Hospital offers prime potential for residential or commercial investment. Originally built in 1897 as a single-family home, currently zoned commercial. The building boasts 4,788 sq ft: 2 finished main floors (1,596 sq ft each) + massive unfinished 3rd floor. Partially finished basement for a total potential of 6,384 sq ft. Previously rented for $2,350/month, CoStar estimates potential rates of $18-$21/sq ft. for a stunning return on investment. Priced at $125/sq ft (above grade). Seller is a Missouri Real Estate Licensee.
Information from Third Parties, Deemed Reliable but Not Verified.
Listings displaying the MARIS logo are courtesy of Mid America Regional Information Systems Internet Data Exchange.