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5023 Goodfellow Blvd
Saint Louis, MO 63136
Retail Property For Sale
Investment Highlights
- Positioned at the high-traffic intersection of Goodfellow Boulevard and Highway 70, offering exceptional visibility and strong daily vehicle counts
- Dedicated on-site parking lot with more than 10 striped spaces provides convenient access for customers and tenants
- Located within a corridor experiencing economic growth and redevelopment, contributing to long-term stability and investment upside
- Features three adaptable commercial units suitable for a variety of uses, including retail, office, salon, and restaurant concepts
- All units are currently vacant, creating immediate opportunities for customization and value-add improvements
- Flexible occupancy options appeal to both owner-users and investors seeking to enhance rental income potential
Executive Summary
NEW PRICE! Outstanding value-add commercial investment opportunity located at the highly traveled intersection of Goodfellow Blvd and Highway 70. This strip center features three spacious commercial units offering excellent visibility, strong traffic exposure, easy accessibility, and a dedicated parking lot with 10+ striped spaces for customers and tenants. All three units are currently vacant, creating a rare opportunity for investors or owner-operators to customize the spaces to fit their vision and maximize rental income potential. The property is ideal for a variety of uses including retail, office, salon, restaurant, carry-out food service, or neighborhood service businesses. Motivated buyers with creativity and vision can add significant value through updates, tenant placement, and strategic improvements. Located within an evolving corridor with promising redevelopment and economic growth potential, this property offers the opportunity to play a role in the continued revitalization of the surrounding community. Local businesses continue to be a driving force behind the area's future momentum and long-term stability. Perfect for commercial investors, entrepreneurs, or portfolio managers seeking a strategic acquisition with upside potential and flexible occupancy options. Seller prefers a cash buyer for a streamlined transaction process.
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,400 SF
Building Class
C
Year Built
1938
Price
$378,988 CAD
Price Per SF
$111.47 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.25 AC
Zoning
A - Commercial and light industrial
Frontage
114’ on Goodfellow Blvd
Property Taxes
| Parcel Number | 5488-00-0110-0 | Improvements Assessment | $82,137 CAD |
| Land Assessment | $4,272 CAD | Total Assessment | $86,409 CAD |
Property Taxes
Parcel Number
5488-00-0110-0
Land Assessment
$4,272 CAD
Improvements Assessment
$82,137 CAD
Total Assessment
$86,409 CAD
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