3355-59 S Jefferson Avenue, St Louis City, MO 63118
Subdivision: St Louis Commons Add
List Price: $795,000
(Original Price: $895,000)
0
BedroomsN/A
Baths0
Area (sq.ft)N/A
Type169
Days on MarketDescription
Attention savvy investors!!! Here is your chance to own a prime mix-used building sitting at the entry way of one of St. Louis's most vibrant and exhilarating neighborhoods. Located at the corner of Cherokee and Jefferson, this building is a stalwart of an exciting neighborhood that draws a vast range of daily visitors, and will be a great addition to any portfolio. The property consists of 5 units on 2 parcels. The property directly on the corner, at 3359 S. Jefferson, with additional addresses on Cherokee, features local restaurant K-Bop, music venue Moshmellow, and a large studio/loft space on the second floor. Property went through major renovations around 15 years ago, and has had several updates since. The attached property, at 3355 S. Jefferson, went through a complete gut rehab, wrapping up in 2025, featuring new floor joists in the lower level, new plumbing, electrical, HVAC, windows, and a complete cosmetic update inside. That property is set up to run as two separate units, a retail storefront on the first level, and an office space on the second, and is currently vacant, but have expected rents of $2500/mo. Total pro-forma rents are currently $7,389/mo., with tenants paying all utilities. The parking area to the north of the property is NOT included in the sale. Properties only to be sold together, and will not consider separating the parcels for individual sales. Please call or text the listing agent for further financial and showing information.
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Listing Courtesy of Intersection Real Estate - [email protected]
