Back to Search

Recently Renovated Retail Opportunity

10004 Gravois Road St, Louis, MO 63123

View on Map

For Sale

$899,000

Retail - St Louis, MO

Type:Retail

Property size:

5,453 SF

Lot size:

0.52 Acres

Price / SF:

$164/SF

HighLights

Recently renovated building with new electrical, HVAC, roof, plumbing, and parking lot.
Located at a signalized hard corner with high visibility to over 20,000 cars daily.
Stable NNN corporate lease with ACE Cash Express.
Located in a densely populated area with 289,459 residents within a 5‑mile radius.
Affluent demographic with an average household income exceeding $91,000.
Current leases in place through 3/31/2029.

We can help!

Listing Contact

Ben Cherry

For Sale

$899,000

Retail - St Louis, MO

Type:Retail

Property size:

5,453 SF

Lot size:

0.52 Acres

Price / SF:

$164/SF

Added:: Jun 11, 2025
Days on Market:: 365
Last Refresh:: Jun 10 at 12:06 am

Property Features for 10004 Gravois Road St

General Information

Property type: Commercial Sale
Property subtype: Retail
Parking features: Open, Parking Lot
Standard status: Active
APN: 26J-43-1214
Size: 5,453 SF
Lot size: 0.52 Acres

Taxes and HOA fees

Tax Year: 2023
Tax Annual Amount: 32839

Utilities

Heating system: Forced Air

Building Details

Year built: 1941
Building materials: Brick
Architectural style: Other

We can help!

Listing Contact

Ben Cherry

Listing agent Ben Cherry License #2006018085

Listing office Manor Real Estate 8085 Manchester Road, Saint Louis, MO

Listing date Jun 11, 2025

MLS# 24046598 Listing URL

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Recently renovated building with new electrical, HVAC, roof, plumbing, and parking lot.
Located at a signalized hard corner with high visibility to over 20,000 cars daily.
Stable NNN corporate lease with ACE Cash Express.
Located in a densely populated area with 289,459 residents within a 5‑mile radius.
Affluent demographic with an average household income exceeding $91,000.
Current leases in place through 3/31/2029.

Overview

This retail property presents a value-add opportunity, featuring a recently renovated building with updated electrical systems, HVAC, roof, plumbing, and parking lot. The property is currently 31% occupied with leases extending through March 31, 2029. Situated at a signalized hard corner, the location benefits from high visibility, with over 20,000 cars passing daily. The surrounding area is densely populated, with 289,459 residents within a 5-mile radius. The property is located a 25-minute drive from downtown St. Louis and St. Louis Lambert International Airport. The property includes a stable NNN corporate lease with ACE Cash Express. The location benefits from an affluent demographic, with an average household income exceeding $91,000 within the area. The property is located in St Louis, MO. The lot size is 0.522 acres. The property size is 5,453 square feet.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$121.7k	$22.32
− Vacancy	−$16.9k	−$3.10
EGI	$104.8k	$19.22
− OpEx	−$31.4k	−$5.77
NOI	$73.4k	$13.45

5,453 SF · lease $22.32/SF/yr · vacancy 13.90% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.05M

$916.9K – $1.22M (±1% cap)

NOI $73,355 @ 7.0% cap · market cap 8.16%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.17M

$1.02M – $1.37M (±1% cap)

NOI $81,922 @ 7.0% cap · market cap 9.11%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Map

City: Louis
County: St. Louis
State: Missouri
Longitude: -90.333261
Latitude: 38.550466

Nearby Similar for Sale

$200,000

2,380 SF

Versatile Commercial Space in St. Louis

2,380 sqft commercial space with high ceilings and great location.

2605 N 20th Street, St Louis, MO 63106

View Details
$765,000

7,680 SF

Renovated Mixed-Use Historic Building

Renovated mixed-use building with renovated commercial space, upstairs apartments, and a 20-space concrete parking lot.

7714 S Broadway, St Louis, MO 63111

View Details
$699,000

8,202 SF

Downtown St. Louis Venue For Sale

Prominent downtown St. Louis Blues & Jazz venue now available!

700 S Broadway, St Louis, MO 63102

View Details
$750,000

17,923 SF

Historic Entertainment Venue Redevelopment

Large entertainment building steps from Saint Louis University, offering redevelopment options for dining, nightlife, or mixed-use concepts.

3914 Lindell Boulevard, St Louis, MO 63108

View Details
$1,450,000

7,400 SF

Office/Warehouse Building on Busy Intersection

7,400 SF office/warehouse on 0.55 acres near major interstates.

6062 Lemay Ferry Road, St Louis, MO 63129

View Details
$427,000

2,944 SF

Freestanding Restaurant Building with Drive-Thru

Freestanding restaurant building features a drive-thru window, commercial kitchen, and dedicated seating, currently leased to a donut operation.

8500 Morganford Road, St Louis, MO 63123

View Details
$900,000

13,708 SF

Warehouse with Autobody Improvements

Warehouse with painting bay, 12-foot ceilings, three drive-in doors, and office space, offered in as-is condition.

4561 Delmar Boulevard, St Louis, MO 63108

View Details
$199,900

3,240 SF

Retail Opportunity in St Louis

Retail property with redevelopment potential in a busy location.

8304 N Broadway, St Louis, MO 63147

View Details
$899,000

6,400 SF

Mixed-Use Property on The Hill

6,400 SF mixed-use property in St. Louis's vibrant The Hill neighborhood.

4916 Shaw Avenue, St Louis, MO 63110

View Details
$750,000

12,528 SF

Downtown St. Louis Commercial Condo

7,078 SF commercial condo in the heart of downtown.

920 Olive Street, St Louis, MO 63101

View Details
$3,595,000

17,131 SF

Historic St Louis Apartment Building

Meticulously restored historic schoolhouse with immediate upside potential.

3530 Utah, St Louis, MO 63118

View Details
$1,550,000

Historic Corner Commercial Building

Fully rehabilitated 1920s historic corner building with ADA-compliant interiors and flexible zoning for multiple commercial concepts.

4175 Shaw Boulevard, St Louis, MO 63110

View Details

For sale
Retail space
MO
Louis
63123
10004 Gravois Road St

What type of property is this?

Retail space - Value-add retail building with high visibility and strong demographics.

Where is this retail space located?

The property is located at 10004 Gravois Road St Louis, MO.

What is the asking price?

The asking price for this property is $899,000.

What are key features of this property?

This property features: Recently renovated building with new electrical, HVAC, roof, plumbing, and parking lot.; Located at a **signalized hard corner with high visibility** to over 20,000 cars daily.; Stable NNN corporate lease with ACE Cash Express.

10004 Gravois Road St, Louis, MO 63123

Retail - St Louis, MO

Property Features for 10004 Gravois Road St

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Map

Nearby Similar for Sale

Versatile Commercial Space in St. Louis

Renovated Mixed-Use Historic Building

Downtown St. Louis Venue For Sale

Historic Entertainment Venue Redevelopment

Office/Warehouse Building on Busy Intersection

Freestanding Restaurant Building with Drive-Thru

Warehouse with Autobody Improvements

Retail Opportunity in St Louis

Mixed-Use Property on The Hill

Downtown St. Louis Commercial Condo

Historic St Louis Apartment Building

Historic Corner Commercial Building

FAQs

Create New Password