About This Home

This 0-bedroom, 0-bathroom commercial at 2700 Macklind Avenue in Saint Louis, MO is listed for $895,000. Built in 1896, on a 0.03 acres lot.

Key Features

  • Built in 1896
  • 0.03 acre lot

Property Details

1896

Amenities

A/C
Listing Description

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.

Monthly Cost Estimate

$4,787/mo

20% down · 6.5% · 30 years

Principal$647
Interest$3,878
Insurance$261

Estimates only. Actual payments may vary.

Location

2700 Macklind Avenue

Saint Louis, MO 63139

St Louis Heights

Property Details

Construction

Brick

Heating

Forced Air

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2700 Macklind Avenue is listed at $895,000. The estimated monthly payment is $4,787 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1896, 0.03 acre lot.

This property is listed by Jordan Schoen.

JS

Jordan Schoen

Agent at Invest St. Louis

Listed by Invest St. Louis · Broker phone: (314) 255-5117 · Broker website

MLS# 26047261· Source: Mid America Regional Information Systems, Inc.· 7 days on PropertySimple

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2700 Macklind Avenue, Saint Louis, MO 63139

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