3723 Commonwealth Avenue

Description

Have your (Investment) cake and eat it too! Once in a lifetime opportunity to acquire one of the most unique live/work buildings you have ever seen, located in central and highly desirable Maplewood. Smart, contemporary renovation by current owner, this 7800 +/- sf former light industrial building has tons of open creative/work spaces on the first floor and a massive 3 bedroom/2 bath loft-style living space on the 2nd floor. Soaring ceilings on both levels, loads of natural light with new windows throughout, new roof, tuckpointing, hvac, and plumbing updates make this a low-maintenance property. Loads of parking with parking lot on the west side of building and additional spaces. Situated just 1 block off Big Bend Blvd in a private cul-de-sac with excellent access to I-40/I-44. Second floor currently rented to traveling nurses. Many possibilities here - live upstairs, have your business downstairs. Or live upstairs and lease the first floor to one or several businesses wanting a unique, loft-style work environment. Or, lease out the whole building and be the proud owner of the coolest investment property in St. Louis County. Owner's business occupies part of 1st floor space and they would consider a sale-lease-back if desired. 2 car-deep garage in front provides additional storage space, or rent the garage for additional income. Separate 2 story barn on premises for additional storage or possibility to build-out into an additional rental apartment. PUD permitted uses include 1 three bedroom apt, co-working space up to 4400 sf per City of Maplewood.