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In-PersonVirtual Tour
$ 975,000
Est. payment | /mo
0.56 Acres Lot
$ 975,000
Est. payment | /mo
0.56 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Subdivision City/St Louis
MLS Listing ID 26027855
Year Built 1905
Annual Tax Amount $25,949
Lot Size 0.557 Acres
Acres 0.5567
Property Sub-Type Office
Property 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.
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.
Location
State MO
County St Louis City
Area 4 - Central West
Interior
Heating Natural Gas
Cooling None
Flooring Wood
Fireplace N
Exterior
Fence Chain Link
Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Available
View Y/N No
Building
Water Public
Structure Type Brick
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Listing As Is, Standard
Listed by Garen Lafser • Salient Realty Group, LLC
Nearby Locations
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Gary Le Roi Newton
Broker-Owner | Lic# 1723924