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3124 Magnolia Avenue, St Louis City, MO, 63118

MIXED-USE COMMERCIAL REDEVELOPMENT OPPORTUNITY WITH POTENTIAL SELLER FINANCING. Approximately 5,560 square feet in a two-story corner building located in historic Tower Grove East. The updated main level, formerly operated as a convenience store and deli, offers potential for retail, professional services, salon/beauty, food service or other legally permitted commercial uses. The upper level, formerly configured as two residential units, is currently gutted and ready for redevelopment. The former residential units are not presently configured for occupancy and will require redevelopment and applicable governmental approvals. Improvements include newer upper-level windows, storefront windows and select main-level renovations. Convenient access to I-44, I-55, I-64, downtown St. Louis and surrounding neighborhoods. Property is offered AS-IS, WHERE-IS; seller will make no repairs. Seller financing may be available to qualified buyers submitting a full-price offer, subject to underwriting, seller approval and definitive financing documents. Buyer must independently verify zoning, permitted uses, occupancy requirements, licensing and redevelopment approvals. Also listed in the Residential Income category under MLS #26051288. Owner/Agent

Subdivision: Lynch Add

List Price

$ 359,900

Status

Coming Soon

Days on market

0

MLS#

26054395

Bedrooms

0

Full baths

0

Subdivision

Lynch Add

Municipality

St Louis City

County

St Louis City

Property Type

Commercial Sale

Type

Commercial Sale

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
3426 Utah Street, St Louis City, MO 63118 4/3 2,780 $435,000 $435,000
100% of ask
Aug 21, 2026
3451 Miami Street, St Louis City, MO 63118 0/0 5,112 $464,900 $432,040
92.9% of ask
Aug 21, 2026
3759 Kosciusko Street, St Louis City, MO 63118 2/2 1,830 $249,000 $249,000
100% of ask
Aug 21, 2026
4124 Virginia Avenue, St Louis City, MO 63118 0/0 2,620 $239,900 $226,000
94.2% of ask
Aug 21, 2026
3930 Nebraska Avenue, FL1, St Louis City, MO 63118 1/1 824 $700 $700
100% of ask
Aug 20, 2026
2839 Magnolia Avenue, St Louis City, MO 63118 0/0 3,849 $99,900 $101,000
101.1% of ask
Aug 19, 2026

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