3910 Lindell, St Louis, MISSOURI 63108

$595,000
15,132
SqFt
List Price
$595,000
Price Change
▼ $130,000 1627770499
Days on Market
367
MLS#
20054195
Status
ACTIVE
Living Sq. Ft
15,132
Lot Size
10,672
Sq. Ft. Above
15,132
Acres
0.245
Year Built
1898
Subdivision
Lindell Add 02
Municipality
St. Louis City
County
St Louis City
Year Built
1898
Listing Type
Multifamily

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.

Additional Information

School District
St. Louis City
Elementary School
Dunbar and Br.
Jr. High School
Yeatman-Liddell Middle School
Sr. High School
Vashon High
Construction
Brick/Stone Msn Pred
Parking Description
Parking Lot
Cooling
Central-Electric
Sewer
Public
Heating
Forced Air
Water
Public
Heat Source
Electric
Price Per Sq. Ft
39.32
Taxes Paid
13496
Selling Terms
Cash, Conventional, Exchange, Private, Other
Transaction Agent Commission
2.5
Buyers Agent Commission
2.5

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Listing courtesy of Invest St. Louis.

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