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Office Building with Residential Second Floor
For Sale
$325,000

8227 Gravois Rd, Saint Louis, MO 63123

Main-floor office space is currently leased; second-floor residential area needs renovation on a corner lot.

Property Size4,800 SF
Price / SF$67.71
Days on Market768

Property Features for 8227 Gravois Rd

General Information

Standard status Active
Size 4,800 SF
Total Parking Spaces 30

Taxes and HOA fees

Annual Taxes $17,758

Amenities

fireplaces

Building Details

Stories 2
Listing Agency: LuxREco
Listed By: Gregory Hayden · License #1999021961
Source: Exprealty
Added: Aug 11, 2024 Changed: Sep 6 Last Checked: Sep 15 at 4:07PM

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 LuxREco

Investment Insights

Based on property information with market context.

This office building includes a main-floor office area with 2,400 square feet that is currently leased to an accounting firm. The property also features a separate 450 square-foot building with a two-car garage and additional office space. The second floor consists of 2,400 square feet of residential living space with two fireplaces; the upstairs residential area is in need of renovations.

Set on a corner lot along a high-traffic corridor in Affton, the property provides 30 parking spaces on the parking lot.

In addition to the standalone offering, the seller indicates redevelopment potential by combining this property with all or one of the adjacent properties to form a continuous 1.82-acre redevelopment site at a signalized intersection of Gravois and Heege. The seller will retain 8 parking spaces on the back of the property for his building next door.

Key Highlights

  • 2,400 SF main‑floor office space currently leased to an accounting firm
  • 2,400 SF second‑floor residential living space with two fireplaces (needs renovation)
  • Corner lot on a high‑traffic corridor in Affton

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby

Demographics for 63123, MO

50,989
Population
23,208
Households
2.2
Avg Household Size
41
Median Age
36%
College-Educated
92%
High-School Grad
12.5 sq mi
ZIP Area
4,079
Density / Sq Mi
$74,187
Median Household Income
$43,458
Median Earnings
$987
Median Rent
$205,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Main-floor office space is currently leased; second-floor residential area needs renovation on a corner lot.
Where is this live-work space located?
The property is located at 8227 Gravois Rd Saint Louis, MO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: 2,400 SF main‑floor office space currently leased to an accounting firm; 2,400 SF second‑floor residential living space with two fireplaces (needs renovation); Corner lot on a high‑traffic corridor in Affton
More about this property
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