$199,000

4500 Virginia Avenue offers an opportunity to invest in a South St. Louis neighborhood seeing meaningful public and private reinvestment. More than $5 million has recently been directed toward improvements in and around Dutchtown and Marquette Park, including housing redevelopment, public-space improvements, and neighborhood services. Nearby, the Marquette Homes project is nearing completion, bringing more than 50 renovated housing units to previously vacant properties, including the restoration of the long-vacant Grandview Arcade along South Grand. Additional projects include a new $2.9 million Family Care health center on South Grand, improvements to Marquette Park, and continued investment along the Virginia, Meramec, and South Grand corridors. With 4500 Virginia positioned near these investments and established South City thoroughfares, the property provides a buyer the opportunity to acquire an asset in an area benefiting from active redevelopment while maintaining convenient access to Downtown St. Louis and I-55.