4500 Virginia Ave, St Louis, MO 63111

$199,000
6,372
SqFt

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List Price
$199,000
Days on Market
1
MLS#
26057920
Status
ACTIVE
Living Sq. Ft
6,372
Lot Size
2,914
Acres
0.07
Year Built
1912
Subdivision
Grand Meramec Place Add
Municipality
St. Louis City
County
St Louis City
Listing Type
Multifamily

Property Description

4500 Virginia Avenue offers an opportunity to invest in a South St. Louis neighborhood seeing meaningful public and private reinvestment. More than $5 million has recently been directed toward improvements in and around Dutchtown and Marquette Park, including housing redevelopment, public-space improvements, and neighborhood services. Nearby, the Marquette Homes project is nearing completion, bringing more than 50 renovated housing units to previously vacant properties, including the restoration of the long-vacant Grandview Arcade along South Grand. Additional projects include a new $2.9 million Family Care health center on South Grand, improvements to Marquette Park, and continued investment along the Virginia, Meramec, and South Grand corridors. With 4500 Virginia positioned near these investments and established South City thoroughfares, the property provides a buyer the opportunity to acquire an asset in an area benefiting from active redevelopment while maintaining convenient access to Downtown St. Louis and I-55.

Additional Information

School District
St. Louis City
Elementary School
Monroe Elem.
Jr. High School
Fanning Middle Community Ed.
Sr. High School
Roosevelt High
Parking Description
Additional Parking
Cooling
Central Air, Window/Wall
Heating
Forced Air
Water
Public
Selling Terms
Conventional

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Calculator source: Real Geeks

Listing courtesy of Salient Realty Group, LLC.

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