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320 E Ripa Ave 336,256 sq ft Specialist Building Offered at £5,186,510 in Lemay, MO 63125
INVESTMENT HIGHLIGHTS
- Attractive property with nine buildings
- The residential facility is 252,878 sq. ft. and the interconnected vacant school buildings consist of 83,378 sq. ft.
- Strong 1 mile demographics with an average household income of $71,195 and an average home value of $196,226
- Well-maintained with long-term ownership
- Property is situated on 17.58 acres with scenic views of the Mississippi riverfront with plenty of room for expansion.
EXECUTIVE SUMMARY
320 E Ripa Ave. St. Louis Mo. is a truly unique and versatile property.
Situated in a picturesque setting overlooking the Mississippi River, this attractive property offers a significant opportunity for the right user.
The property features nine buildings and 143 residences with attached bathrooms. There is a large dining facility with a commercial kitchen, laundry facilities, chapel, meeting rooms etc. This property is ideal for a conversion to multi-family, senior living or any educational or institutional use.
Sale Price: $7,000,000
Situated in a picturesque setting overlooking the Mississippi River, this attractive property offers a significant opportunity for the right user.
The property features nine buildings and 143 residences with attached bathrooms. There is a large dining facility with a commercial kitchen, laundry facilities, chapel, meeting rooms etc. This property is ideal for a conversion to multi-family, senior living or any educational or institutional use.
Sale Price: $7,000,000
PROPERTY FACTS
| Price | £5,186,510 | Total Plot Size | 17.58 ac |
| Price per sq ft | £15.42 | Property Size | 336,256 sq ft |
| Sale Type | Investment | No. Floors | 4 |
| Property Type | Specialist | Year Built | 1950 |
| Property Subtype | School | Opportunity Zone |
Yes
|
| Costar Property Class | B | ||
| Use Class | R-5 - Residential | ||
| Price | £5,186,510 |
| Price per sq ft | £15.42 |
| Sale Type | Investment |
| Property Type | Specialist |
| Property Subtype | School |
| Costar Property Class | B |
| Total Plot Size | 17.58 ac |
| Property Size | 336,256 sq ft |
| No. Floors | 4 |
| Year Built | 1950 |
| Opportunity Zone |
Yes |
| Use Class | R-5 - Residential |
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PROPERTY TAXES
| Parcel Number | 28G-53-0078 | Improvements Assessment | £7,854,236 |
| Land Assessment | £1,224,157 | Total Assessment | £9,078,393 |
PROPERTY TAXES
Parcel Number
28G-53-0078
Land Assessment
£1,224,157
Improvements Assessment
£7,854,236
Total Assessment
£9,078,393
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320 E Ripa Ave
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