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3910 Lindell

St Louis, MO 63108
  • $725,000
  • STATUS: Active
  • ON SITE: 359 days
  • ID#: 20054198
UPDATED: 47 min ago
$725,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,132
    SQFT
  • $48
    $/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 2021-07-25T19:48:56.587.

Jeremy Schneider Real Estate: 636-345-5323
www.jeremysre.com/homes/108388037
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3910 Lindell St Louis, MO 63108

  • Price: $725,000
  • Status: Active
  • Updated: 47 min ago
  • ID#: 20054198
0
Beds
0
Baths
0
½ Baths
0.24
Acres
15,132
SQFT
$48
$/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

Building Type 3 Stories Or More Construction Conventional Exterior Brick Land Info Included Lot Dimensions 214'X50'x214'x50' Parking Description Parking Lot Parking Spaces 12 Road Access City Street Road Frontage 50 Unit Location City

Interior Features

Cooling Central-Electric Heating Forced Air Interior Walls Unfinished Miscellaneous Alley

Property Features

Association St. Louis Association of REALTORS Commercial Property Type Commercial LandMulti-Family LandRetailSpecial Purpose/Use Conditions Unknown Current Use N/A Disclosures No Other Known RestrOthr-Call List Agent Electric Service Other Gross Operating Income 0.00 Lease Terms None Lot Size Source County Records Net Income 0.00 Offering Sale Possession At Closing Possible Buyer Fees YN No Sale Includes Building & Land Selling Terms CashConventionalExchangePrivateOther Sewer Public Special Listing Conditions None Square Footage Source County Records Tax Year 2019 Taxes Paid 13496 Total Expenses 0.00 Utilities Available CableElectricGasWaterSewer Water 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 2021-07-25T19:48:56.587.

Jeremy Schneider Real Estate: 636-345-5323
 
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Jeremy Schneider Real Estate
1480 Woodstone Dr. Suite 217
St. Charles MO, 63304