St Louis, MO 63109,5350 Loughborough AVE
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St Louis, MO 63109,5350 Loughborough AVE
St Louis, MO 63109,5350 Loughborough AVE
St Louis, MO 63109,5350 Loughborough AVE
St Louis, MO 63109,5350 Loughborough AVE

$346,000

Est. payment /mo

$354,900

2.5%
Est.Price: ?

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5350 Loughborough AVE St Louis, MO 63109

3,000 SqFt

SOLD DATE : 12/30/2024

Key Details

Sold Price $346,000

Property Type Commercial

Sub Type Commercial & Indr.

Listing Status Sold

Purchase Type For Sale

Square Footage 3,000 sqft

Price per Sqft $115

Subdivision Gravois Loughborough Add

MLS Listing ID 24059734

Sold Date 12/30/24

Construction Status 89

Year Built 1935

Building Age 89

Lot Size 2,365 Sqft

Acres 0.0543

Property Sub-Type Commercial & Indr.

Property Description

Situated in the highly desirable Princeton Heights neighborhood, this stunning brick, mixed-use building offers 3000 sq ft, and already comes with an immediate return for investors. Boasting a stable tenant base with leases secured through July 2026, the hard work is already done! The ground floor features prime commercial space, while the upper floor houses a residential unit, maximizing rental potential. In a prime location, and easy access to local amenities, this property provides both immediate income and long-term growth potential.

The residential unit has 3 bedrooms and 1 full bathroom in addition to a sunroom on the main level in the back of the building. The sunroom leads outside to a nice patio for grilling, a 2 car garage, and additional parking pads on the other side of the fence. The commercial property is on a Triple Net Lease with long term Edward Jones tenants through July 2026. duplicate listing # 24063587

Location

State MO

County St Louis City

Area South City

Zoning a

Interior

Heating Forced Air

Cooling Electric

Fireplace N

Exterior

Utilities Available Cable Available, Electricity Available, Gas to Site, Water Available, Sewer Available, Phone Available

Building

Sewer Public Sewer

Water Public

Construction Status 89

Others

Acceptable Financing Cash Only, Conventional

Listing Terms Cash Only, Conventional

Special Listing Condition None

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Listed by McKenzie Dapron • Wood Brothers Realty
Bought with Tina Siebert
agent

Krista Hartmann

Team Leader | License ID: krhartma

+1(314) 571-7482

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