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For Sale

4500 Virginia Ave

4500 Virginia Ave,
Saint Louis, MO 63111
Represented by
Salient Realty Group

Asset Snapshot

Extended Stay
Multifamily Subtype
1912
Year Built
2
Floor Count
2
Building Count
0.07 Acres
Land Area
3 Units
Unit Count
3,186 SF
Property Size

Offering Summary

Investment Overview

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.


Investment Highlights

  • 2 Story Mixed Use Corner Lot
  • 2 Units, 1 Retail Space
  • Multiple New Developments in the Submarket
  • Modernized Systems, PVC Plumbing
  • Zoned (F) Neighborhood Commercial
  • Easy Access to I-55 and other main corridors

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$199,000
Asking Price

Investment Sales Broker

Matthew Millslagle
Salient Realty Group

Market Insights