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$499,900
Est. payment /mo
8,446 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Walter Espenschied Add
MLS Listing ID 26008464
Year Built 1929
Annual Tax Amount $1,474
Lot Size 8,446 Sqft
Acres 0.1939
Property Description
The Ludwig Building is a Roaring 1920s Art Deco landmark offering 35 apartment units (primarily efficiencies) and 8 street-level commercial storefronts, along with an underground garage and elevator access — a rare mixed-use opportunity in North St. Louis. Fully gutted and ready for redevelopment, the property provides a true blank canvas for investors seeking to revive this historic asset. In 2025, the building received approximately $300,000 in exterior restoration, including brickwork, tuckpointing, and a new roof, stabilizing the structure and paving the way for interior build-out. This is an extensive rehab with significant upside, featuring mixed-use income potential, major exterior improvements already completed, and positioning for long-term neighborhood reinvestment.
Location
State MO
County St Louis City
Area 5 - North
Interior
Fireplace N
Exterior
View Y/N No
Building
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Listing As Is
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Listed by Antione Lawrence • Ascend Real Estate Advisors
Nearby School & Business
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