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Sweet buildings for sale between Delmar and Page

Sweet buildings for sale between Delmar and Page

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Expert MemberExpert Member
1,064

PostMar 16, 2017#1

5315 Cabanne. This magnificent building, straight out of the Moorlands, needs to be made weathertight again. 31k sq feet, and a big project. It could be a great residential co-op. Within walking and cycling distance to Forest Park and the Loop and the Central West End. https://www.zillow.com/homes/for_sale/S ... ect/14_zm/

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AdministratorAdministrator
6,663

PostMar 16, 2017#2

A very similar building at 5882-96 Cabanne currently owned by LRA was recently awarded CDBG gap assistance by CDA ($350,000 bridge loan for HTCs and $250,000 permanent loan for the actual gap). If that one can get renovated with a pretty small gap after historic tax credits, I would think this one also can.