5346 Delmar Boulevard

Situated in St. Louis, the area surrounding the property offers a dynamic blend of cultural and commercial attractions, making it an ideal location for office or land investment. Just moments from the location, investors will find the highly acclaimed Delmar Loop, a vibrant entertainment, dining, and shopping district. Additionally, the renowned St. Louis Art Museum and the historic Forest Park are nearby, providing an enriching environment for professionals and visitors alike. This thriving neighborhood is also in close proximity to prestigious universities and major corporate headquarters, offering a prime opportunity for strategic commercial development. Whether seeking to invest in office space or land, the area surrounding the property presents an exceptional opportunity for discerning investors.Opportunity to purchase 2 lots in a private gated development in the DeBaliviere Place neighborhood overlooking the mansions on Washington Terrace. The lots are located near the Central West End approximately 5 blocks from Forest Park. Each of the lots are zoned E. for multi-family residential and would be ideal for luxury townhomes, which have already been approved by the city of St. Louis. These lots are fully developed with new utility connections for water, sewer, and electric, as well as newer streets and gated access. The surrounding area is currently undergoing a lot of redevelopment activity. There are four new townhomes within the development, with another four in the process of being built. Potential list prices for the completed townhomes could range from $350,000 to $490,000 depending on size, finishes, and upgrades based on similar-sized townhome sales nearby.