- For Sale $920,000
- Property Type Mixed Use
- Property Size 48,072 SF
- Lot Size 19,515 SF
- Cap Rate % 6.92
- Rental Income / YR 115620
- NOI / YR 61609
- Taxes / YR 3131
- Zoning H-Area Commercial
- Additional Rent Contact for pricing
- # of Floors 3
- Property Tenancy Multi-Tenant
- Building Class D
- Year Built 1925
- Date Updated Sep 17, 2024
Fantastic Investment Development Opportunity in St. Louis Mo. This 48,072 SF 3-story was constructed in 1925-1926 in the Classical Revival style brick combination for commercial and residential use, with the 1st Floor as Retail, 2nd floor with 12 offices, 3rd floor with 13 Studio and 2-One Bedroom apartments, and a 15-lane bowling alley in the basement. The building has two primary elevations – one facing Grand Blvd. (west) and one facing St. Louis Avenue (south). Each of these elevations bears detailed terra cotta embellishments and Egyptian-influenced columns on the exterior façade making this a landmark commercial property. Currently, there are 12 month-to-month tenants on the first floor generating $121,620 of income annually and the 2nd and 3rd floors are vacant. The owner has development plans to keep the first floor as retail and convert the 2nd and 3rd floors into 50 senior housing units with additional space in the first floor and basement used as ancillary uses supporting the senior housing.
This is an excellent opportunity to redevelop a cash-flowing property utilizing the tax credits and other incentives available either for senior housing or other uses complementing the $1.33 million dollar community development center located across from N Grand on the former Carter Carburetor Superfund Site.
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Highlights
- New $1.33 Million Dollar Sports (PGA) Development across the Street
- Tax Credits available in the Lindell Park Historic District
- One-Mile north of Grand Center
False
Contacts
Location
Getting Around
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Walk Score ®
71/100 Very Walkable -
Transit Score ®
42/100 Some Transit -
Bike Score ®
61/100 Bikeable
- City Saint Louis, MO
- Neighborhood Jeff Vanderlou
- Zip Code 63107
- Market St Louis
Points of Interest
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Union Station - Elevator Access
2.09 miles
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Union Station
2.10 miles
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Union Station - Stair Access
2.11 miles
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St. Louis - Gateway Station
2.32 miles
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8th & Pine
2.42 miles
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Forest Park - DeBaliviere Metrolink
3.53 miles
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Missouri History Museum/Forest Park
3.59 miles
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The Wild Station
3.91 miles
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Delmar Loop Metrolink
3.98 miles
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Delmar Loop
4.00 miles
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BP
0.45 miles
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Mobil
0.48 miles
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Crown
0.71 miles
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Phillips 66
1.29 miles
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Energy Express Travel Center
1.58 miles
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ChargePoint
1.79 miles
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EV Connect
2.45 miles
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Tesla Supercharger
3.24 miles
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EVgo Charging Station
3.90 miles
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Electric Car Charging Station
6.09 miles
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Fox theater parking garage
1.23 miles
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Scottish Rite Garage
1.35 miles
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Olive Compton Parking Garage
1.40 miles
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Canisius Lot
1.41 miles
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Lot 5
1.47 miles
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Lot 6
1.51 miles
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Lot 7
1.56 miles
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Olive Street Parking Garage
1.57 miles
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Regis Lot
1.58 miles
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Scranton Lot
1.58 miles
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Grand Motel
0.16 miles
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Guest Host Motel
0.35 miles
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Economy Inn Motel
0.91 miles
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Angad Arts Hotel
1.22 miles
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Hotel Ignacio
1.33 miles
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Days Inn by Wyndham Downtown St. Louis
1.55 miles
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Pear Tree Inn Union Station
1.72 miles
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Element St. Louis Midtown
1.76 miles
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Courtyard Downtown
1.78 miles
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Fairfield Inn & Suites St. Louis Downtown
1.80 miles
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Mother's Fish
0.04 miles
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Church's Chicken
0.37 miles
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Rally's
0.40 miles
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Popeyes
0.48 miles
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Subway
0.66 miles
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Little Caesars
0.67 miles
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White Castle
0.99 miles
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Freddie G's Chicken and Waffle
1.18 miles
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Cornerstone Cafe
1.18 miles
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Commonwealth
1.21 miles
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Columbia Elementary School
0.14 miles
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Bates School
0.42 miles
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Central High School
0.44 miles
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Beaumont High School
0.52 miles
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Vashon High School
0.53 miles
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Saint Louis Community College - William J. Harrison Education Center
0.59 miles
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Curtis School
0.59 miles
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Farragut Elementary School
0.64 miles
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Dunbar Elementary School
0.70 miles
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George Washington Carver Elementary Academy
0.95 miles
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Eternity Childcare
0.75 miles
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Kim's Kids
1.14 miles
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YWCA Head Start
2.05 miles
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Childgarden Early Childhood Center
2.06 miles
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Lambs Pride Day Care Center
2.84 miles
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Castleman Corner Day Care Center
3.26 miles
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Miss Patt's Daycare
3.66 miles
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Smart Start Learning Acadamy
3.85 miles
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Dumas Bi-Lingual Child Development Center
4.20 miles
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Veasley's Tender Loving Care Development Center
4.31 miles
Frequently Asked Questions
How much does 2800 N Grand Blvd cost?
The space currently listed for sale at 2800 N Grand Blvd asks for $920,000.
What is the total square footage of 2800 N Grand Blvd?
2800 N Grand Blvd totals 48,072 square feet.
When was this property built?
2800 N Grand Blvd was built in 1925.
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