12 N Newstead Ave, St Louis, MO 63108

$975,000

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List Price
$975,000
Status
ACTIVE
Days on Market
83
MLS#
26027855
Subtype
Commercial Sale
Year Built
1905
Lot Size
24,249
Acres
0.56
Subdivision
City/St Louis
Neighborhood
City/St Louis
MLS Area Major
St. Louis City

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

Taxes
$25,949
Flooring
Wood
Heating
Natural Gas
Air Conditioning
None

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Listing courtesy of Salient Realty Group, LLC.

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