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    1500 Grand Blvd St St. Louis, MO 63104

    Sponsored
    For Lease
    $28 SF/Yr

    Prime St. Louis retail, high visibility, tenant improvements.

    Lot size:
    1,245 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail opportunity is located at 1500 S Grand Blvd, St. Louis, MO 63104, situated on the corner of S Grand Blvd and Park Ave in the vibrant Gate District. The property, known as The Nicholas, offers a single-tenant space ranging from 1,057 to 1,245 square feet, perfect for a shop or restaurant. Recently renovated in 2023, this space boasts tall, prominent window lines ensuring excellent street visibility and attracting significant foot traffic. The building's zoning is G (Local Commercial and Office), providing flexibility for various business types. Benefiting from its strategic location, the property enjoys close proximity to SLU Hospital, Cardinal Glennon Hospital, and SLU's Medical Campus, guaranteeing a substantial customer base. Adding to its appeal, The Nicholas building includes 28 newly developed high-end apartments, creating a built-in source of daily foot traffic for your business. A tenant improvement allowance is available for qualified tenants, making this an even more attractive proposition. The lot size is 17,943 square feet, and the APN is 1279-9-040.001. This is a truly remarkable opportunity to establish a thriving business in a high-demand location.

    Property Features for 1500 Grand Blvd St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,245 SF

    Building Details

    Year Renovated
    2023

    Unit(s) available at that property

    Space
    Size
    1,245 SF
    Rate per SF
    $28

    HighLights

    • High‑visibility corner retail space available for lease at S. Grand & Park Ave. in Midtown St. Louis.
    • Excellent location near SLU Hospital, Cardinal Glennon Children's Hospital, and SLU Medical Campus.
    • Building features 28 newly renovated luxury apartments.
    • Retail space offers 1,057‑1,245 square feet with large windows for optimal street presence.
    • Tenant improvement allowance offered to qualified tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    St. Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.23854253973
    Latitude
    38.620446831395

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    FAQs

    What type of property is this?
    Restaurant - Prime St. Louis retail, high visibility, tenant improvements.
    Where is this restaurant located?
    The property is located at 1500 Grand Blvd St St. Louis, MO.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: High-visibility corner retail space available for lease at S. Grand & Park Ave. in Midtown St. Louis.; Excellent location near SLU Hospital, Cardinal Glennon Children's Hospital, and SLU Medical Campus.; Building features 28 newly renovated luxury apartments.
    Request Owner's contact information
    1500 Grand Blvd St St. Louis, MO 63104
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    St. Louis, MO 63104
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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
    1500 Grand Blvd St St. Louis, MO 63104
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