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3124 Magnolia Avenue, St Louis City, MO, 63118

OWNER FINANCING AVAILABLE. Unique mixed-use opportunity in historic Tower Grove East! This approximately 5,560 SF corner building offers exceptional flexibility for an owner-user, investor, entrepreneur or developer. The main level, formerly operated as a convenience store and deli, offers possibilities for retail, professional services, salon/beauty, food service or other commercial uses. The upper level, formerly configured as two residential units, has been gutted and is ready for redevelopment—creating an opportunity to work downstairs and live upstairs, develop residential income, or create your own mixed-use concept. Improvements include newer upper-level windows, newer storefront windows and select interior renovations. Convenient access to I-44, I-55 and I-64, downtown St. Louis and surrounding neighborhoods. Property is being sold AS-IS, WHERE-IS; seller will make no repairs. Owner financing is available only on full-price offers. Additional property and financing @ www.lindaalexanderrealestate.com

Subdivision: Lynch Add

List Price

$ 359,900

Status

Coming Soon

Days on market

0

MLS#

26051288

Bedrooms

0

Full baths

0

Sq. Ft. Above

5,560

Subdivision

Lynch Add

Municipality

St Louis City

School District

St. Louis City

County

St Louis City

Property Type

Residential Income

Style

Traditional

Type

Residential Income

Additional Information

Property Tax (2025)

$262

Recent Nearby Sales in 63118

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
3111 Arkansas Street, 1st floor, St Louis City, MO 63118 1/1 700 $925 $925
100% of ask
Aug 14, 2026
3440 Tennessee Avenue, St Louis City, MO 63118 5/2 2,396 $140,000 $130,000
92.9% of ask
Aug 14, 2026
2654 Pennsylvania Avenue, St Louis City, MO 63118 2/2 697 $180,000 $175,000
97.2% of ask
Aug 13, 2026
2704 Louisiana Avenue, St Louis City, MO 63118 2/2 1,199 $275,000 $305,000
110.9% of ask
Aug 13, 2026
3455 Alberta Street, St Louis City, MO 63118 2/2 1,105 $144,900 $148,000
102.1% of ask
Aug 13, 2026
3708 Illinois Avenue, St Louis City, MO 63118 3/1 1,068 $169,600 $172,000
101.4% of ask
Aug 12, 2026

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