Fanning Elementary
Special Purpose | 81,367 SqFt
Marketing description
Fanning School presents a rare opportunity to acquire a large-scale institutional asset in the City of St. Louis, offering significant size, character, and redevelopment potential. Formerly operated as a private and elementary school, the property features an approximately 81,367-square-foot masonry building situated on a 2.41-acre site, providing a substantial footprint for adaptive reuse or continued institutional use.
The three-story structure offers a flexible interior layout supported by solid construction, making it well suited for educational, residential, mixed-use, or community-oriented redevelopment, subject to zoning and municipal approvals. The property is zoned “B” (Commercial District) and supports mixed-use applications, expanding the range of potential uses and increasing long-term value.
The site’s expansive land area allows for parking, outdoor programming, campus-style operations, or future site improvements, creating multiple pathways for repositioning. Its scale and configuration make it especially attractive to charter schools, nonprofits, churches, developers, and investors seeking a prominent urban asset.
Strategically located within the St. Louis City submarket, the property benefits from strong accessibility, proximity to established residential neighborhoods, and access to key transportation corridors, supporting both community-focused and commercial uses.
Owner financing is available for qualified buyers, offering a unique opportunity to structure favorable acquisition terms and execute a redevelopment or repositioning strategy with reduced upfront capital.
This offering represents a compelling opportunity to reposition a historic educational facility with significant building size, flexible mixed-use potential, and long-term upside in an established urban market.
Investment highlights
- Owner Financing Available
- Flexible acquisition terms for qualified buyers, reducing upfront capital and improving deal feasibility
- Large-Scale Institutional Asset
- ±81,367 SF three-story masonry building on a 2.41-acre site offering significant scale in St. Louis City
- Mixed-Use Zoning Potential (B – Commercial District)
- Supports a wide range of uses including residential, commercial, educational, and community applications
- Value-Add / Redevelopment Opportunity
- Ideal for adaptive reuse, repositioning, or redevelopment with multiple exit strategies
- Historic Construction with Character
- Durable masonry structure offering architectural appeal for restoration or creative reuse
- Flexible Interior Layout
- Three-story configuration supports multi-tenant, mixed-use, or institutional occupancy
- Strong Land-to-Building Ratio
- 2.41-acre site allows for parking, outdoor programming, or future site improvements
- Campus-Style Setting
- Suitable for educational institutions, nonprofits, churches, or large-scale user occupancy
- Strategic Urban Location
- Positioned within the St. Louis City submarket with access to surrounding residential neighborhoods
- Accessibility & Connectivity
- Convenient access to major roadways and transportation corridors
- High Demand Use Cases
- Ideal for charter schools, multifamily conversion, community centers, or mixed-use redevelopment
- Investor & Owner-User Appeal
- Attractive to developers, investors, and organizations seeking scale and long-term upside
- Long-Term Upside Potential
- Strong underlying land value combined with flexible mixed-use potential creates multiple paths for value creation
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