$396,000

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. SLPS