Koda Realty
← Back to search
2700 Macklind Avenue photo 1
Active

$895,000

2700 Macklind Avenue

St Louis, MO 63139 · MLS#: 26047261

Listing brokerage: Invest St. Louis · 314-325-6201 · Agent: Jordan Schoen

Beds
0
Baths
—
Sq Ft
—
Built
1896
Type
Commercial Sale

About this home

2700 Macklind Avenue is a renovated mixed-use property along the Macklind Avenue business corridor in St. Louis, just steps from The Hill, combining neighborhood commercial space with residential income. This property would be ideal for an owner occupant seaking a live-work setup with income to support the property. The 4,320-square-foot building contains four rentable spaces: two residential apartments and two commercial suites. Current contracted rent totals $5,870 per month, diversifying income across residential and commercial uses. Improvements include upgraded electrical and plumbing systems, tuckpointing, new front sidewalks, and restoration of the historic storefront with new commercial windows and doors. Both commercial spaces were renovated with new carpeting, restored original tin ceilings, kitchens and bathrooms. Both apartments were extensively renovated with new kitchens, bathrooms, refinished hardwood floors, fixtures and interior finishes. The property offers a renovated mixed-use investment in an established neighborhood business district. Current annual income is $74,599, with operating expenses totalling $21,351, creating a net operating income of $53,248.

Property details

County
St Louis City
Subdivision
St Louis Heights
Lot size
0.0318 acres
Days on market
28
Annual taxes
$9,933
Heating
Forced Air
Cooling
Central Air

Location

Listing courtesy of Invest St. Louis · MLS#: 26047261. Data provided by MARIS MLS; deemed reliable but not guaranteed.

Request a showingCall / text