Active MLS# 24023536

5315 Cabanne Avenue, St. Louis City, MO 63112

Subdivision: Cabanne

List Price: $2,250,000

N/A

Bedrooms

N/A

Baths

31,898

Area (sq.ft)

$71

Cost/sq.ft

N/A

Type

Description

Welcome to the Cabanne Castle! This historic 42-unit (24-1 bed/1 bath and 18-2 bed/2 bath) takeover project that has permits and plans approved (expired need to be renewed) has passed framing inspection and has a ton of upside potential and value add opportunity. The building has passed framing inspection (buyer will need to renew permits) and is ready for MEPs (mechanical, electric, plumbing). Capex updates that have already been done are: new roof, tuck pointing, new windows on rear and sides of building and some duct work ran. This sale also includes the lot 5329 Cabanne which is perfect for additional tenant parking. Value add opportunity by converting basement level into additional apartments, storage or offices. This is an amazing fast track opportunity to quickly take over a historic building. Owner may consider owner financing with a significant down payment and collateral.

Property Information

List Price $ 2,250,000

Original Price $ 2,250,000

Status Active

MLS# 24023536

Buyer's Agent Commission

2.25% Transaction Agent

Commission 0%

Bedrooms

Full baths

Half baths

Main Floor Full Baths

Sq. Ft. Above 31,898

Lot Size

Acres 1

Subdivision Cabanne

Municipality St. Louis City

School District St. Louis City

County St Louis City

Property Type Commercial Sale

Style

Style Description

Transaction Type Sale

Special Conditions None

Type Apartment Complex

Building Exterior Amenities

Building Style

Ownership Private

Special Description None

Appliances Some

Available Date Sep 19, 2022

Miscellaneous

Disclosures Unknown,City

Age 99

Sewer Main Size Public Sewer

Water Main Size Public

Conditions Unknown,City

Additional Information

Elementary School Adams Elem.

Jr. High School Blewett Middle

Sr. High School Beaumont Cte High School

Association Fee None

Architecture

Construction

Garage Spaces

Carport Spaces 0

Basement Description

Fireplace Type

Fireplace Location

Lot Dimensions 0x0

Special Areas

Cooling Other

Sewer Public Sewer Sewer

Heating None

Water Public

Heat Source Other

Kitchen

Appliances

Dining

Interior Decor

Property Tax $87

Map Location

Directions

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Listing Courtesy of Daniel D Dawson - [email protected]

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