4253 Clarence Blf - Specialty FOR SALE


Saint Louis, MO 63115- O'Fallon Park
$495,000 USD
314-348-9273
4253 Clarence Blf, Saint Louis, MO for Sale
$495,000 USD
Specialty - FOR SALE
1/20
null | Request Cap Rate

4253 Clarence Blf
Saint Louis, MO 63115
O'Fallon Park


OVERVIEW

4253–4263 Clarence Ave presents a significant value add redevelopment and adaptive reuse opportunity in North St. Louis. The property consists of approximately 86,850 square feet across two buildings situated on 3.59 acres (156,380 SF), offering a substantial footprint for redevelopment, repositioning, or institutional reuse. The site benefits from flexible commercial zoning allowing for a wide range of potential uses, making it well suited for investors, developers, nonprofit organizations, educational institutions, churches, community organizations, creative space conversions, or industrial users seeking a large facility at a low entry basis. The buildings are currently vacant and offered as is and will require renovation prior to occupancy. The property has experienced extended vacancy and includes broken windows, water intrusion, missing mechanical systems, and significant deferred maintenance, requiring a full rehabilitation program. As such, the property is ideally positioned for buyers seeking redevelopment, adaptive reuse, or large scale repositioning opportunities. With its large building size and expansive land area, the property offers flexibility for a variety of potential uses including educational facilities, training centers, churches, community centers, nonprofit headquarters, creative production spaces, warehouse conversion, light industrial operations, or mixed use redevelopment projects. The existing structures provide a potential shell for renovation and repurposing depending on the buyer’s vision, while the land component allows for additional site improvements, parking expansion, or redevelopment planning. Located within the North St. Louis redevelopment corridor, the property provides access to major transportation routes and infrastructure throughout the St. Louis region. This offering presents a compelling opportunity to acquire a large institutional style property at a below replacement cost entry point with substantial long term upside through redevelopment or repurposing.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$6 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

DeAndreis School

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.57 AC

LAND SF

155,565 SF

ZONING

Open

APN/PARCEL ID

3571-00-0150-0

ASK ABOUT THIS PROPERTY

Shawn WardKey West Property Partners Brokered By eXpMore Info
314-348-9273

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Shawn WardKey West Property Partners Brokered By eXpMore Info
314-348-9273

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.