Back to Search Results

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

Active

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
3417 Humphrey Street, St Louis City, MO 63118 3/3 2,040 $410,000 $410,000
100% of ask
Sep 8, 2026
2918 Michigan Avenue, St Louis City, MO 63118 3/3 1,770 $315,000 $304,618
96.7% of ask
Sep 4, 2026
3623-3625 Virginia Ave, St Louis City, MO 63118 0/0 4,639 $249,000 $227,500
91.4% of ask
Sep 3, 2026
3504 Arsenal Street, 2F, St Louis City, MO 63118 1/1 800 $950 $950
100% of ask
Sep 1, 2026
2602 Minnesota Avenue, St Louis City, MO 63118 2/2 1,664 $1,900 $1,900
100% of ask
Sep 1, 2026
3112 S South Compton Avenue, St Louis City, MO 63118 3/1 3,750 $159,900 $160,000
100.1% of ask
Aug 31, 2026

Price & Listing History

Listed for sale
Aug 27, 2026 at $359,900
Current status: Active
As of Aug 27, 2026 · $359,900

Mortgage Estimator

Estimate your monthly payment. Adjust the sliders below.

Estimated Monthly Payment
$0
Principal & Interest: $0 · Tax: $0 · Ins: $0
Loan Amount: $0
Total Interest: $0
Total of Payments: $0
A Guerrilla Brokers, LLC agent will connect you with a trusted local lender.

Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.