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5315 Cabanne Avenue, Saint Louis, MO 63112
$2,250,000
5315 Cabanne Avenue, Saint Louis, MO 63112View this property at 5315 Cabanne Avenue, Saint Louis, MO 63112
5315 Cabanne AvenueSaint LouisMO63112
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Property Description
Welcome to the Cabanne Castle! This historic 42-unit (24-1 bed/1 bath and 18-2 bed/2 bath) takeover project that has permits and plans approved (expired need to be renewed) has passed framing inspection and has a ton of upside potential and value add opportunity. The building has passed framing inspection (buyer will need to renew permits) and is ready for MEPs (mechanical, electric, plumbing). Capex updates that have already been done are: new roof, tuck pointing, new windows on rear and sides of building and some duct work ran. This sale also includes the lot 5329 Cabanne which is perfect for additional tenant parking. Value add opportunity by converting basement level into additional apartments, storage or offices. This is an amazing fast track opportunity to quickly take over a historic building. Owner may consider owner financing with a significant down payment and collateral.
Full Property Details
Full Property Details for 5315 Cabanne Ave
General
- Price: $2,250,000
- Taxes: $87 (2023)
- Status: Active
- Type: Commercial Multi-Family
- MLS ID: 24023536
- Updated: 4/18/2024
- Added to Site: 13 day(s) ago
Rental Information
- Lease/Rent Term: None
Parking
- Parking Features: Other
Location
- Area: Central West
- County: St Louis City
- Township: St. Louis City
- Subdivision: Cabanne
- Neighborhood: Visitation Park
- Cross Streets: Union
School Information
- School District: St. Louis City
- High School District: St. Louis City
- Elementary School: Adams Elem.
- Middle School: Blewett Middle
- High School: Beaumont Cte High School
Heating & Cooling
- Cooling Type: Other
- Heating Type: None
- Heating Fuel: Other
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Square Feet: 31,898
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.69
- Lot Size (Sq. Ft.): 30,056
- Lot Size Source: County Records
- Lot Dimensions: 0 x 0
Financial Considerations
- Price Per Sq. Ft.: $70.54
- Tax Amount: $87
- Tax Year: 2023
- Terms: Cash Only, Conventional, Owner May Finance, Private, Other
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.25%
- Ownership: Private
- Special Conditions: None
- Inclusions: Building & Land, Sale Includes Other
- Disclosures/Reports: Unknown, City
- Property ID: 3866-00-8026-0
Listed by Niche Advisors
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Schools
Schools serving 5315 Cabanne Ave
School District:St. Louis City Schools
Rating | Name | Grades | Distance |
---|---|---|---|
Ford Elementary School
1383 Clara Ave, Saint Louis, MO 63112 | PK-8 | 0.7 mi | |
4248 Cottage Ave, Saint Louis, MO 63113 | 9-12 | 1.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5315 Cabanne Ave
Date
Details
Price
Change
Source
4/18/2024
Listed
$2,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5315 Cabanne Ave
5315 Cabanne Avenue, Saint Louis, MO 63112 (MLS# 24023536) is a Commercial Multi-Family property. 5315 Cabanne Avenue is currently listed for $2,250,000 and was received on April 18, 2024. Want to learn more about 5315 Cabanne Avenue? Do you have questions about finding other Commercial Multi-Family real estate for sale in Saint Louis? You can browse all Saint Louis real estate or contact a Coldwell Banker agent to request more information.