3910-12 Lindell Blvd

Multi-Family

3910 - 3912 Lindell Blvd, Saint LouisMO 63108

Property Details

Location

Address
3910 - 3912 Lindell Blvd, Saint LouisMO 63108
County
ST LOUIS CITY
Submarket
STL - St. Louis City
Parcels
39210001900
In Opportunity Zone
Yes

Building Size

Building Size
15,132 SF

Building Details

Type
 Multi-Family
Number of Buildings
1
Number of Units
10
Occupancy Type
Multi-tenant
Percent Occupied
Building Class
B
Building Status
Existing
Floors
3
Year Built
1897
Sprinklers
Primary Const.
Brick
Parking Ratio

Land & Utilities

Land (Acres)
0.24 Acres
Land (SF)
10,659 SF
Zoning
H
Lot Depth
Lot Width

Contacts

Current Listings

3910–3912 Lindell Blvd

15,132 SF$725,000
Invest St. Louis

Central West End commercial redevelopment opportunity. Prime location next to St Louis University and Cortex. 15,132 SF Building (3 floors @5,044 each). Potential uses include multi-family student housing, office space, co-working, micro apartments or mixed use. Location and premium rents for student housing make this an attractive conversion. Sample drawings and renderings available for 15 to 18 apartments, add a potential 4th floor and increase the number of apartments even more. Market rent for updated 1 beds close by renting for $890-$1,370 and 2 beds from $1,195 to $1,795. Asking price of $47 sq ft is comparable to other similar apartment conversions that have sold. Located in an Opportunity Zone. Rear parking lot w/ 12 spaces. Also available for $295,000 is adjacent parking lot at 3909-11 West Pine with approximately 33 parking spaces.

Invest St. Louis

Central West End commercial redevelopment opportunity. Prime location next to St Louis University and Cortex. 15,132 SF Building (3 floors @5,044 each). Potential uses include multi-family student housing, office space, co-working, micro apartments or mixed use. Location and premium rents for student housing make this an attractive conversion. Sample drawings and renderings available for 15 to 18 apartments, add a potential 4th floor and increase the number of apartments even more. Market rent for updated 1 beds close by renting for $890-$1,370 and 2 beds from $1,195 to $1,795. Asking price of $47 sq ft is comparable to other similar apartment conversions that have sold. Located in an Opportunity Zone. Rear parking lot w/ 12 spaces. Also available for $295,000 is adjacent parking lot at 3909-11 West Pine with approximately 33 parking spaces.

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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

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