$16.00 Per Sq Foot $4,187 est/mo Sourced by Back At You

2800 N Grand Boulevard,St Louis, MO 63107

St Louis MO, 63107

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Description

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.

Details

MLS#23064671
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1925
Days On Site170
Listing Provided ByCardinal Realty Group | Harold Hanstein

Features

SQ Feet48,072
ZoningH-Area Commercial
Acreage0.45

Market Activity 63107

 Listings courtesy of Maris MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of April 13, 2024 at 7:59:27 PM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateMO
CountySt Louis City
CitySt Louis
Zip Code63107
AreaNorth
Community NameLindell Add
Listing VS Median (in Lindell Add)
Price:
$780,000
low | high
Med:
$780,000
50% of Average
SqFt:
48,072
low | high
Med:
48,072
50% of Average
$ / SqFt:
$16
low | high
Med:
$16
50% of Average
On Site:
170
low | high
Med:
170.000000
100% of Average
Sourced by Back At You
Listing Updated: March 7, 2024 at 9:03:22 PM PST
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