This is a PRIME Multifamily/Mixed Use Opportunity - Spectacular lake views with easy access to the Interstate. Located in the "Uptown" District of the City of Lake St. Louis. Another approx. 5.8 +/- acre tract also available just across the street with the same features at this piece. See MLS # 18041861 - Won't last long - Great Investment Opportunity! Zoning per the City of Lake St. Louis is: Community Business (CB) with an overlay known as the "Downtown Lakefront Development District".
From Highway 70 West , take exit 214 for Lake St. Louis Blvd. Use the left lane to turn left onto Lake St. Louis Blvd, then turn left at the 2nd cross street onto Veterans Memorial Pkwy. to right onto Bent Oak Cutoff, property will be on the left.
The approximate monthly Principal & Interest payment for this property would be $4,935. This payment is based on a 30-year loan at a fixed rate of 4.59 % with a down payment of $107,027. Actual lender interest rates and loan programs may vary.
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