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Manchester eyesore transformed

For years, a major eyesore along the rejuvenating strip of Manchester in Forest Park Southeast (The Grove), this prominent mixed-use property has received a major face-lift.It seems that the property’s owner, Rothschild Development, was having a bit of trouble leasing the space at $15/sf over the past couple of years, so they spruced it up. No word on the new lease rate, but there is no doubt that the new look for this property at 4301 Manchester does wonders for the intersection of Manchester and Tower Grove.

Formerly home to one of the revived Grove’s first establishments, El Mundo Latino, the property is currently for lease by Red Brick Management (314-361-7067).

*NOTE – The property just behind this one at 1069 Tower Grove just sold (by yours truely) last week as well. It will be getting a few upgrades too, so hopefully this is a sign of things to come.

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Matt Kastner

Matt Kastner is an Investment Real Estate Consultant at St. Louis Real Estate Society in St. Louis, Missouri. He is also develops properties on the side through Threshold Properties. When he isn’t representing investors in the purchase or sale of multifamily properties, rehabs, foreclosures and other income producing properties, he is often taking on rehab projects himself. He lives in South St. Louis and has been in the real estate business since 2004.

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