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5003-5005 Gravois Ave 8,000 SF 65% Leased Retail Building Saint Louis, MO 63116 $585,514 CAD ($73.19 CAD/SF)
Investment Highlights
- Two retail spaces
- Excellent visibility on Gravois Rd.
- Possible assemblage with neighboring properties
- Two second-floor apartments
- Garage parking available
- Proximity to $18M Crossroads Senior Living Development
Executive Summary
This mixed-use property offers a unique investment opportunity in a well-established St. Louis corridor. The building spans approximately 8,000 square feet and includes two ground-floor retail spaces, one of which is currently leased, providing immediate income potential. The second floor features two apartments, adding a residential component for diversified revenue streams.
Located along Gravois Road, the property benefits from excellent visibility and strong traffic counts, making it attractive for retail tenants and future redevelopment. Garage parking is available, and the site offers potential assemblage with neighboring parcels for larger-scale projects. Positioned near the $18 million Crossroads Senior Living Development, this property is in a growing area with increasing demand for retail and residential uses.
Located along Gravois Road, the property benefits from excellent visibility and strong traffic counts, making it attractive for retail tenants and future redevelopment. Garage parking is available, and the site offers potential assemblage with neighboring parcels for larger-scale projects. Positioned near the $18 million Crossroads Senior Living Development, this property is in a growing area with increasing demand for retail and residential uses.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
8,000 SF
Building Class
C
Year Built
1919
Price
$585,514 CAD
Price Per SF
$73.19 CAD
Percent Leased
65%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.53
Lot Size
0.12 AC
Zoning
G - Commercial
Space Availability
- Space
- Size
- Space Use
- Position
- Available
A versatile mixed-use building is available for sale or lease in a high-visibility St. Louis location. This property features two retail spaces on the ground floor and two apartments on the second floor, offering excellent flexibility for investors or owner-users.
| Space | Size | Space Use | Position | Available |
| 5005 | 2,800 SF | Retail | - | Now |
5005
| Size |
| 2,800 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
5005
| Size | 2,800 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
A versatile mixed-use building is available for sale or lease in a high-visibility St. Louis location. This property features two retail spaces on the ground floor and two apartments on the second floor, offering excellent flexibility for investors or owner-users.
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 5583-00-0230-7 | Improvements Assessment | $38,128 CAD |
| Land Assessment | $11,641 CAD | Total Assessment | $49,769 CAD |
Property Taxes
Parcel Number
5583-00-0230-7
Land Assessment
$11,641 CAD
Improvements Assessment
$38,128 CAD
Total Assessment
$49,769 CAD
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5003-5005 Gravois Ave
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