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Investment Highlights
- 2 Story Mixed Use Corner Lot
- Multiple New Developments in the Submarket
- Zoned (F) Neighborhood Commercial
- 2 Units, 1 Retail Space
- Modernized Systems, PVC Plumbing
- Easy Access to I-55 and other main corridors
Executive Summary
4500 Virginia Avenue offers an opportunity to invest in a South St. Louis neighborhood seeing meaningful public and private reinvestment. More than $5 million has recently been directed toward improvements in and around Dutchtown and Marquette Park, including housing redevelopment, public-space improvements, and neighborhood services. Nearby, the Marquette Homes project is nearing completion, bringing more than 50 renovated housing units to previously vacant properties, including the restoration of the long-vacant Grandview Arcade along South Grand. Additional projects include a new $2.9 million Family Care health center on South Grand, improvements to Marquette Park, and continued investment along the Virginia, Meramec, and South Grand corridors. With 4500 Virginia positioned near these investments and established South City thoroughfares, the property provides a buyer the opportunity to acquire an asset in an area benefiting from active redevelopment while maintaining convenient access to Downtown St. Louis and I-55.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,186 SF
Building Class
C
Year Built
1912
Price
$199,000
Price Per SF
$62.46
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.09
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
F - Neighborhood Commercial
Parking
2 Spaces (0.63 Spaces per 1,000 SF Leased)
Frontage
Moderately walkable
70/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2724-00-0320-7 | Improvements Assessment | $24,400 |
| Land Assessment | $1,880 | Total Assessment | $26,280 |
Property Taxes
Parcel Number
2724-00-0320-7
Land Assessment
$1,880
Improvements Assessment
$24,400
Total Assessment
$26,280
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Contact the Sale Advisor
4500 Virginia Ave



