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3124 Magnolia Avenue

St Louis, MO 63118

$329,900

0 beds · 0 baths

Listing office: Linda Alexander Real Estate LLC

3124 Magnolia Avenue

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About this home

LIVE • WORK • INVEST! SELLER FINANCING AVAILABLE — RATES AS LOW AS 6.99% FOR QUALIFIED BUYERS. Exceptional mixed-use opportunity in historic Tower Grove East. This approximately 5,560 SF two-story brick corner building offers flexibility for an owner-user, investor, entrepreneur or developer. The substantially updated main level offers approximately 2,780 SF and was formerly operated as a convenience store and deli. Features include high ceilings, distinctive decorative ceilings, updated flooring and restroom, storefront windows, retail fixtures, beverage coolers, service counter and ductless cooling. Potential uses may include retail, professional services, salon/beauty, food service or other legally permitted uses. The approximately 2,780 SF upper level, formerly configured as two residential units, offers an open canvas for redevelopment with newer windows, exposed brick, subfloor improvements and framing underway. Former residential units are not presently configured for occupancy and will require completion and applicable approvals. Convenient access to I-44, I-55, I-64 and downtown St. Louis. Property offered AS-IS, WHERE-IS; seller will make no repairs. Seller financing subject to buyer qualification, down payment, credit profile, transaction structure, Seller approval and definitive financing documents. Buyer to independently verify zoning, permitted uses, occupancy requirements, licensing and redevelopment approvals. Also listed Residential Income MLS #26051288. Owner/Agent.

Home facts

Bedrooms
0
Bathrooms
0
Lot size
0.038 acres
Property type
Commercial Sale · Mixed Use
Year built
1907
Subdivision
Lynch Add
Days on market
58
Listed on
Aug 27, 2026
Listing office:
Linda Alexander Real Estate LLC, 314-259-1127
Listing agent:
Linda Alexander
MLS number:
26054395

Presented by Narrative Real Estate, 314-480-5353, jess@jessicaberchtold.com

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MARIS data last updated at October 24, 2026 at 5:15 AM CDT.

Information from third parties, deemed reliable but not verified. All data is obtained from various sources and may not have been verified by the broker or the MLS. Supplied open house information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office or agent presenting the information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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