About This Home

This 0-bedroom, 0-bathroom commercial at 12 N Newstead Avenue in Saint Louis, MO is listed for $975,000. Built in 1905, on a 0.56 acres lot.

Key Features

  • Built in 1905
  • 0.56 acre lot
  • 2 stories

Property Details

2 stories
1905
Listing Description

Salient Realty Group is pleased to offer 12-14 North Newstead Avenue to the market. This turn of the century former police station is one of the very last historic redevelopment opportunities in St. Louis' most illustrious neighborhood: The Central West End.

Newstead holds a place on the National Register of Historic Places and is eligible for Federal and State Historic Tax Credits. Concept plans are available to add apartments in the huge attic, bringing the total building area to +/- 15,000 square feet.

Included in the sale is a half-acre + parking lot furthering Newstead's status as a one of a kind redevelopment opportunity. Parking in CWE is very limited; so having this lot behind the building is very valuable and rare. With this size of lot, there is also potential to add a building or an expansion behind the property as well. Please reach out to the brokers for more information or to set up a tour. Survey and plans are available upon request.

Monthly Cost Estimate

$5,215/mo

20% down · 6.5% · 30 years

Principal$705
Interest$4,225
Insurance$284

Estimates only. Actual payments may vary.

Location

12 N Newstead Avenue

Saint Louis, MO 63108

City/St Louis

Property Details

Flooring

Wood

Construction

Brick

Heating

Natural Gas

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 12 N Newstead Avenue is listed at $975,000. The estimated monthly payment is $5,214 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1905, 0.56 acre lot, 2 stories.

This property is listed by Garen Lafser.

GL

Garen Lafser

Agent at Salient Realty Group, LLC

Listed by Salient Realty Group, LLC · Broker phone: (314) 374-3687 · Broker website

MLS# 26027855· Source: Mid America Regional Information Systems, Inc.· 9 days on PropertySimple

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12 N Newstead Avenue, Saint Louis, MO 63108

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