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.
Lot & Building Features
ConstructionConventional
CoolingElectric, None
HeatingForced Air, Individual Unit
Parking DescriptionNone, Parking Garage
SewerCommunity Sewer
Tax Year2023
WaterPublic
Lot Dimensions127/134X151/151 ft
Price History of 2800 N Grand Boulevard, St Louis, MO
Date
Name
Price
Difference
09/17/2024
Price Adjustment
$920,000
17.95%
10/26/2023
Listing Price
$780,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
2800 N Grand Boulevard (MLS #23064671) is a commercial listing located in St Louis, MO.
This commercial listing is 48,072 sqft and on a lot of 19,515 sqft (or 0.45 acres) and is 98 years old. This property was listed on 10/26/2023 and has been priced for sale at $920,000.
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Listing information courtesy of: Cardinal Realty Group
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