12 N Newstead Ave, St Louis, MO 63108

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List Price
$975,000
Days on Market
173
MLS#
26027855
Status
ACTIVE
Lot Size
24,249
Acres
0.56
Year Built
1905
Subdivision
City/St Louis
Municipality
St. Louis City
County
St Louis City
Listing Type
Commercial

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.

Additional Information

Cooling
None
Heating
Natural Gas
Water
Public
Selling Terms
1031 Exchange, Cash, Conventional

Listing courtesy of Garen Lafser. Salient Realty Group, LLC

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Listings courtesy of Mid America Regional Information Systems Internet Data Exchange as distributed by MLS GRID.


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