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20517779
20517780

320 E Ripa Ave, Lemay, MO 63125

CBRE - Saint Louis
CBRE - Saint Louis
Listed by CBRE - Saint Louis
$7,000,000
582 days on market
Updated 68 days ago
Opportunity zone

320 E Ripa Avenue

Details
Property Type Mixed Use, Multifamily (+1)
Sub Type Apartment Building, Conversion Opportunity
Net Rentable (SqFt) 336,256
Year Built 1895-1964
Buildings 9
Acreage 17.580

For Sale | 320 E Ripa Avenue | St. Louis, MO

Marketing description

CBRE is pleased to offer for sale 320 E Ripa Ave, (“Property”), a truly unique and versatile property located in St. Louis, Missouri.

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 – The Theresa Center, Caroline Center, Romana Hall, Madonna Hall, Maria Center, Ecology Center, Power House, the Overpass Apartments and the former headstart building.

Investment highlights

  • Attractive property with nine buildings

  • Well-maintained with long-term ownership

  • The residential facility is 252,878 sq. ft. and the interconnected vacant school buildings consist of a total of 83,378 sq. ft.

  • Property is situated on 17.58 acres with scenic views of the Mississippi riverfront with plenty of room for expansion.

  • Strong 1 mile demographics with an average household income of $71,195 and an average home value of $196,226

  • Sale Price: $7,000,000

Listing Contacts

CBRE - Saint Louis
CBRE - Saint Louis
Listed by CBRE - Saint Louis

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