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    134 Gray St Festus, MO 63028

    For Sale
    $125,000

    Versatile building in Festus, MO, ideal for redevelopment.

    Property size:
    3,545 SF
    Lot size:
    0.27 Acres

    Property Features for 134 Gray St

    General Information

    Size
    3,545 SF
    Lot size
    0.27 Acres

    Building Details

    Year built
    1920

    Source: Keller Williams Realty St. Louis Agent Lauren Johnson

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

    Overview

    Festus Multifamily Zoned Opportunity

    Located in the heart of Festus, Missouri, this property presents a multifamily zoned opportunity. The building, previously managed by a nonprofit organization since 2013, offers a spacious layout suitable for various purposes, including conversion into apartments, a bed and breakfast, a nursing home, group housing, or a mixed-use development. The property features a mix of private rooms, communal areas, and utility spaces. Upper floors provide sunlit living areas, while the basement offers ample storage and workspace with exposed infrastructure. The building has a total size of 3545 square feet. This property is suited for investors or developers looking to create a multi-unit income property or a specialized community living facility. It is being sold in as-is condition and is available for cash, 203K, or renovation loan only.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sunnyhill Assisted Living Facility

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Festus
    County
    Jefferson
    State
    Missouri
    Longitude
    -90.391136
    Latitude
    38.222668

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    FAQs

    What type of property is this?
    Multifamily property - Versatile building in Festus, MO, ideal for redevelopment.
    Where is this multifamily property located?
    The property is located at 134 Gray St Festus, MO.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Prime multi-family zoning offers versatile development opportunities (apartments, B&B, nursing home, group housing, mixed-use).; - Central location in the thriving community of Festus.; - Spacious and functional layout with private rooms, communal areas, and utility spaces.
    (636) 312-1290
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    134 Gray St Festus, MO 63028
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    Festus, MO 63028
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    Realmo Value Estimation

    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.

    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.

    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
    134 Gray St Festus, MO 63028
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