1654 Tower Grove Ave, Saint Louis, MO 63110
Retail building with adjacent vacant lot offers added parking and flexibility near the Brickline Greenway.
- Added:
- Jun 24, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 27 at 3:56 am
Property Features for 1654 Tower Grove Ave
General Information
- Standard status
- Active
- Size
- 1,496 SF
- Lot size
- 0.11 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1954
Listing office Revel Commercial Real Estate (314) 477-6885
Listing date Jun 24, 2026
Source Revelcre
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 Revel Commercial Real Estate
HighLights
- 1,496 SF retail building built in 1954 with an adjacent 0.113‑acre vacant lot for sale
- Adjacent vacant ground offers added parking flexibility (billboard not included in the sale)
- New TPO roof installed in 2022
- Previously configured as a daycare facility
- Located in Botanical Heights along the Brickline Greenway
Overview
The property is located in Botanical Heights and is described as being among high-quality nearby businesses, including iNDO La Pâtisserie Chouquette and Union Loafers Café, as well as Bread Bakery. It fronts along the Brickline Greenway, a citywide trail spanning 10 miles that is currently under construction and is planned to connect multiple neighborhoods from Forest Park to Gateway Arch National Park. The listing also notes easy access to S Vandeventer Ave and I-44.
This offering may appeal to operators and investors seeking a retail building with adjacent vacant ground to support parking needs. The combination of an updated roof, an outdoor patio area, and a separate lot can be useful for tenant types that want convenient customer access while maintaining the ability to reconfigure interior spaces previously used for daycare.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $33.4k | $22.32 |
| − Vacancy | −$4.6k | −$3.10 |
| EGI | $28.7k | $19.22 |
| − OpEx | −$8.6k | −$5.77 |
| NOI | $20.1k | $13.45 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Saint Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.255668
- Latitude
- 38.619041
