Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1001 Washington Ave St. Louis, MO

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial condominium with multiple rentable units on Washington Avenue.

    Type:RETAIL
    Property size:
    2,400 SF
    Lot size:
    0.47 Acres
    Added:
    Nov 6, 2025
    Days on Market:
    147
    Last Refresh:
    Mar 29 at 10:01 pm

    Property Features for 1001 Washington Ave St.

    General Information

    Standard status
    Active
    Size
    2,400 SF
    Lot size
    0.47 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Sam Vandergriff

    Listing agent Sam Vandergriff License #2023036618

    Listing office Realty Exchange

    Listing date Nov 6, 2025

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Realty Exchange

    Overview

    Washington Avenue Retail Condominium

    This commercial condominium is located on Washington Avenue, east of Tucker Boulevard. The property offers a total of 7,680 square feet with four rentable units. One unit is a storefront convenience store occupying 2,750 square feet. An additional storefront space provides 2,400 square feet. A unique event space features a stage and bar, encompassing 1,650 square feet. The property also includes a back room lounge area of 350 square feet.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Spa & Massage Center Restaurant Dental Office Hair Salon Nail Salon Building Supply Daycare Center Skin Care Clinic Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.1928
    Latitude
    38.6305

    Nearby Similar for Sale

    • $695,000

      Turnkey Multi-Family Plus Commercial Space

      Renovated 9-family building with commercial space in South City.
      3659 S Broadway, St Louis, MO 63118
      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
    • $399,000
      4,900 SF

      Dellwood Commercial Building with Retail

      Commercial building in Dellwood with retail and office spaces.
      1434 Chambers Road, St Louis, MO 63135
      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
    • $335,000
      2,856 SF

      St Louis Quadplex Investment Property

      Well-maintained, fully occupied 4-unit quadplex in desirable North Hampton.
      5026 - 5028 Chippewa, St Louis, MO 63109
      View Details
    • $335,000
      2,856 SF

      St. Louis Quadplex Investment Opportunity

      Well-maintained, fully occupied quadplex in desirable North Hampton neighborhood.
      5006 - 5008 Chippewa, St Louis, MO 63109
      View Details
    • $625,000
      4,400 SF

      Freestanding Office Building on Hampton

      High-visibility office building with high-end finishes and flexible floor plan.
      4700 Hampton Avenue, St Louis, MO 63109
      View Details
    • $850,000
      17,923 SF

      Iconic Building Near SLU Campus

      Redevelopment opportunity near Saint Louis University in walkable Midtown.
      3914 Lindell Boulevard, St Louis, MO 63108
      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
    • $649,000
      3,200 SF

      Affton Retail Building on Gravois

      3,200 SF retail building with high visibility and ample parking.
      8205 Gravois Road, St Louis, MO 63123
      View Details
    • $895,000

      Prime Mixed-Use Building in St. Louis

      Mixed-use building at the entry to a vibrant neighborhood.
      3355-59 S Jefferson Avenue, St Louis, MO 63118
      View Details

    FAQs

    What type of property is this?
    Retail space - Commercial condominium with multiple rentable units on Washington Avenue.
    Where is this retail space located?
    The property is located at 1001 Washington Ave St. Louis, MO.
    What is the asking price?
    The asking price for this property is $729,000.
    What are key features of this property?
    This property features: High‑Traffic Location: Situated in the heart of Washington Avenue East of Tucker Blvd, offering excellent visibility and accessibility.; Substantial Square Footage: Total of 7680 sq ft with four rentable units, providing significant income potential.; Diverse Rental Opportunities: Includes a convenience store, storefront space, and a unique event space, catering to various tenant types.
    (314) 307-9336 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Sam Vandergriff
    Real Estate License ID: 2023036618
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!