The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, 1901-04-21
WASHINGTON AVENUE
REAL ESTATE ACTIVE,
Several Deals of Importance Made
On That Thoroughfare in the
Last Week.
MANY SALES ALL OVER CITY.
Prospect for Lively Times on Ac-
count of Approach of the
Worlds Fair-Reports
of the Agents.
MANY SALES ALL OVER CITY.

! Deals in Washington avenue propert,
have been the features of the real estat,
/, market in the last week. several transac
tions. involving important sites havin,
been closed.
OF these transactions the most genera
interest will be taken in the sale of TIL
southwest corner of Twelfth street AM
Washington avenue. with a frontage of for
ty-one feet six inches on Washington av
enue. by the Mercantile Trust Company, t.
the Twelfth Street Realty Company, fol
Sl52. 900.
The price paid is equivalent to $500 pei
front foot. and is considered cheap on &C,
count of the desirability of the corner. TIL.
old buildings will be wrecked at once b,
the purchasers. and a modern fire-prooi
mercantile house will be erected on the
site without delay. The building will be
one of several to be erected by various in.
terests in the same neighborhood.
Last Thursday deals were closed by which
G. W. Brown and /. H. Lionberger be-
came the owners of property on Washing
ton avenue. Mr.. Brown purchasing a lot
on the south side of Washington avenue
between Fourteenth and Fifteenth streets,
while MIR. Lionberger purchased a lot on the
north side of Washington. near Eighteenth
street.
1t is reported that Simon Van Raalte pur-
chased last week the houses numbered ISIS
TO lag Washington avenue, with a frontage
deals are now pending concerning property
in the immediate neighborhoOd. and there
are strong Indications Of the continuing
westward trend of wholesale mercantile
houses along that street.
Deals I'm Residence Property.
A noticeable feature of last weeks sales
was the number of deals in high-class resi-
dence property. A lot in Portland place, on
the gn11fh side hnfUnpn Lake nxynps,,o oyI
Kings highway, was sold by John Kennard
10 Mary w. McKittrick for $l7. 500. Another
sale of high-class residence property was
that of siXty-eight feet on the south side
of Lindell boulevard, between Boyle and
Newstead avenues. on q warranty deed from
w. NJ. Price to l.. H. Haase. for 10000.
boom just at present and several sales of
middle-class residence property have been
reported from the various districts of that
end of the city. Charles F. Vogel makes a
report of several sales. while Henry He
menz, Jr., has made several sales In various
residence districts as well as one of fifty
five acres In the Meramec Valley.
This latter sale and the sale Of the preyi-
Gus week of a tract of seventy-twO acres
near Florissant by the Mofett & Franciscus
Company; together with several deals which
are pending for county property. Indicate
that the Worlds Fair has stirred up a de-
mand for property in the county reasonably
near the city. Increased interest has been
taken in this class of real estate since the
passage of the Worlds Fair bill, and n ia
believed that a material Improvement will
take place in values of county lands within
the next two years.
The district around Mcpherson, Page and
Berlin avenues. running west from TAYLOR.
Is being sought for the sites of residences
ana flats. ard the vacant property in those
neighborhoods is being steadily bought IN.
Speculation in dwellings is regarded as a
profitable investment Just now, as the de-
mard Tor such houses at the time of the
Fair Is expected to be great Houses are
now being erected on Maryland. Berlin and
parallel streets by various interests, MANY
OF which are controlled by small investors.
West End Sales Reported.
The Nicholls-R Ritter Company has made
several important sales in tina neighbor-
hood of late, a desirable corner being that
at a the southeast corner of Walton and Nc
south line of Mcpherson. with a depth of
l63 feet on. the east side Of Walton, for
$1,000. or about $50 per front foot. The
property was sold to the Royal Investment
Company.
Three detached houses will be built upou
this property by the purchasing company
as a speculation. Buildings will also be
erected by the purchaser of another lot on
the south side of Page boulevard. 100 feet
east Of Union, fronting forty feet on the
south line of Page. which the Nichols
was represented By the Haydel Realty
ed upon the lot by Conner & Eagan, aud a
grocery store installed therein.
1t is predicted by several real estate men
who have made a study Of the situation
ing the chief street for the location of
wholesale mercantile houses n Olive
street is becoming the central east and
street Win in the course Of I the me next few
years become a central street for manu-
featuring sites around Twelfth street. and
ar improved business street east Of