Previously a hardware store this building has unlimited potential- Multi family apartments, live/work, shop, warehouse, studio, office space, retail. Located in the Central West End 1 block from Lindell, 2 blocks from St. Louis University, close to Washington University Medical School, The Cortex. There are architectural plans to convert the building into 6 apartments along with commercial storage in the basement. Projected income for the 6 apartments and the storage once completed is $75,600 annually with a projected net income of $56,700. There is potential for a second story to be added or it could also be a rooftop deck for the apartments. The building is 11,753 Square Feet on three levels- Main level and basement are 5,310 sq ft each
with the top floor 1,133, needs full renovation. Features include three phase electric service, freight elevator & loading dock. There is currently street parking only but the architectural plans outline how parking spots could be added in the rear.
Full Property Details
Full Property Details for 408 North Sarah Street
Taxes: $2,606 (2016)
Status: Contingent No Kickout
MLS ID: 17085205
Added: 264 day(s) ago
Other Features: Alley, Freight Elevator, Loading Docks
Parking Features: Other
Area: Central West
County: St Louis City
Subdivision: Lindells Add 02
Cross Streets: McPherson Ave
Heating & Cooling
Cooling Type: Gas Central Air Conditioning
Heating Type: Forced Air
Heating Fuel: Gas
Utility Description: Electric, Gas, Water
# Buildings: 1
Structure Type: 2 Stories, Loft
Exterior Const.: Brick, Concrete/Block, Metal or Steel
408 North Sarah Street, Saint Louis, MO 63108 (MLS# 17085205) is a
408 North Sarah Street is currently listed for $239,000 and was received on October 26, 2017.
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