520 Olive Street $249,999

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    520 Olive Street St Louis, MI 48880

    • 7.03 Acres
    • Commercial
    • MLS# 1920592
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    Views: 31 Days On Site: 240

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    Property Details

    Welcome to this unique opportunity to own a historic church building and adjacent parsonage, steeped in charm and character all on 7.07 acres! The church provides a serene space for worship, events, or potential conversion - the 12,000+ square foot space sets the stage for creative transformations (currently zoned R-2 residential) or keep it used as a religious facility. The church building features a traditional sanctuary space measuring 63'x35', numerous offices/classroom spaces - 8 rooms on the main floor, 7 rooms on the lower level, not to mention the additional gathering space measuring 67'x39' with a 15'x17' kitchen. The parsonage offers comfortable living quarters with 4 bedrooms and 2 full bathrooms, attached garage and approximately 2058 sq feet total - perfect for clergy residence or potential rental income. Situated in a tranquil neighborhood, yet conveniently located near town, this property invites endless possibilities for religious or community organizations, developers, or creative visionaries seeking a distinctive canvas for their vision. Don't miss the chance to make your mark in this iconic space, blending heritage with innovation.

    • General Features
      • Licenses None
      • Included In Lease None
      • Business Incl No
      • Business Name Church of God
      • Type of Ownership Corporate Owned
      • Approx Year Built 1960
      • Type Mixed Use
      • Town T 12N
      • Township City of St Louis
      • Present Use Religious
    • Building Features
      • Extras None
      • Foundation Walkout, Slab
      • Heating Cooling Source Natural Gas
      • Roof Asphalt
      • Heating Cooling Type Forced Air, Hot Water, Baseboard, Window Air Conditioner
      • # Restrooms 4
      • Apx Total Fin SQFT 12,466
    • Property Features
      • Water Municipal Water
      • Vacant Land No
      • Univs Design/Barrier Free Extra Wide Hallways, Main Floor Access
      • Road Public Maintained, Blacktop
      • Sewer Municipal
      • Parking Paved
      • Exterior Features Aluminum, Brick
      • Construction Frame
      • Lot Dimensions irregular
      • Location Freestanding

    Neighborhood

    48880 (St Louis) Demographics

    39 Median Age
    133 Population Density (per sq. mile)
    19% College Educated
    $47,864 Estimated Median Income
    2,007 Estimated Total Home Owners
    501 Estimated Total Renters
    80% / 20% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    10,071 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $70,000 Median Sales Price
    11 Homes Sold
    21 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $249,999
        9/25/2024 4:06:10 AM Status Changed Source: Multiple Listing Service New Value: Active
        9/22/2024 8:36:16 AM Status Changed Source: Multiple Listing Service New Value: Price Change
        9/22/2024 8:36:16 AM Price Reduced Source: Multiple Listing Service New Value: $249,999 -10.71%
        7/28/2024 4:06:00 AM Status Changed Source: Multiple Listing Service New Value: Active
        7/25/2024 4:36:19 PM Status Changed Source: Multiple Listing Service New Value: Price Change
        7/25/2024 4:36:19 PM Price Reduced Source: Multiple Listing Service New Value: $279,999 -9.68%
        6/29/2024 4:06:06 AM Status Changed Source: Multiple Listing Service New Value: Active
        6/26/2024 3:36:21 PM Status Changed Source: Multiple Listing Service New Value: Price Change
        6/26/2024 3:36:21 PM Price Reduced Source: Multiple Listing Service New Value: $310,000 -18.42%
        3/28/2024 8:51:00 PM New in Database Source: Multiple Listing Service New Value: $380,000

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        The data relating to real estate for sale on this web site comes in part from the Internet Data exchange ("IDX") program of Northern Great Lakes REALTORS MLS. All information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.