12 N Newstead Avenue, St Louis, MO 63108

$995,000
List Price
$995,000
Days on Market
101
MLS#
24009164
Status
ACTIVE
Lot Size
24,250
Sq. Ft. Above
11,800
Acres
0.56
Year Built
1905
Age
119
Subdivision
Central West End
Municipality
St. Louis City
County
St Louis City
Listing Type
Commercial

Property Description

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 Federal and State Historic Tax Credits have been approved. If 11,800 square feet isn’t enough, the current owner developed plans to add apartments in the huge attic, bringing the total occupiable 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. Whether the plan is mixed use, multifamily, entertainment, or hospitality, people will come and have a place to park. Until, that is, you build something new and tall and beautiful on the parking lot. Please reach out to the brokers for more information or to set up a tour. Survey and plans are available upon request.

Additional Information

Construction
Conventional
Parking Description
Parking Lot, Asphalt
Cooling
Gas
Sewer
Public Sewer
Heating
Forced Air
Water
Public
Price Per Sq. Ft
84.32
Taxes Paid
21459
Buyer's Agent Commission
2
Selling Terms
Cash Only, Conventional, Exchange

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Listing courtesy of Salient Realty Group, LLC.

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