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3909 W Pine

St Louis, MO 63108
  • $295,000
  • STATUS: Active
  • ON SITE: 368 days
  • ID#: 20054549
UPDATED: 16 min ago
$295,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

This parking lot is approximately 33 parking spots just west of St. Louis University campus which is currently rented to the apartment building at 3900 Lindell. The parking lot is currently leased month to month under market rent at $1,500 a month, the amount charged for parking could be raised substantially. 3909-11 West Pine can only be purchased with 3910-12 Lindell which is available for sale for $725,000. There is the potential to purchase and use part of the parking lot at 3909-11 West Pine for parking at 3910-12 Lindell and lease out the remainder of the parking to the apartment building next door. There is also the potential to build a small multi family or to resell the parking lot to a developer or St. Louis University in the future as St. Louis University owns the parking lot directly to the east of 3909-11 West Pine.

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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 2021-08-04T18:50:09.337.

Walker Real Estate Team: (573) 433-1091
www.ftleonardwoodhomesearch.com/homes/108422648
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3909 W Pine St Louis, MO 63108

  • Price: $295,000
  • Status: Active
  • Updated: 16 min ago
  • ID#: 20054549
0
Beds
0
Baths
0
½ Baths
0.2
Acres
Neighborhood:
Lindells Add
County:
St Louis City
Area:
Central West
Property Description
This parking lot is approximately 33 parking spots just west of St. Louis University campus which is currently rented to the apartment building at 3900 Lindell. The parking lot is currently leased month to month under market rent at $1,500 a month, the amount charged for parking could be raised substantially. 3909-11 West Pine can only be purchased with 3910-12 Lindell which is available for sale for $725,000. There is the potential to purchase and use part of the parking lot at 3909-11 West Pine for parking at 3910-12 Lindell and lease out the remainder of the parking to the apartment building next door. There is also the potential to build a small multi family or to resell the parking lot to a developer or St. Louis University in the future as St. Louis University owns the parking lot directly to the east of 3909-11 West Pine.
Exterior Features

Attached Garage YN No Lot Size Dimensions 40 X 214 X 40 X 214 Lot Size Source County Records Parking Features Parking Lot Parking Total 33 Road Frontage Type Alley Unit Location City

Interior Features

Cooling None Heating None Heating YN Yes

Property Features

Association St. Louis Association of REALTORS Commercial Type Commercial Land Cross Street Vandeventer Current Use NoneOther Development Status Unknown Disclosures UnknownSellers Discl Not Av Electric Other Inclusions Land Only Lease Term None Net Operating Income 16839 Possession Close Of Escrow Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 1161 Tax Year 2019 Transaction Type Sale Utilities Other Water Source Public Zoning Commercial

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 2021-08-04T18:50:09.337.

Walker Real Estate Team: (573) 433-1091
 
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Walker Real Estate Team
854 Missouri Ave
St Robert MO, 65584