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    1654 Tower Grv Ave St St. Louis, MO 63110

    For Sale
    $395,000

    Prime Botanical Heights Retail Space

    Property size:
    1,496 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,496 sq ft vacant storefront in St. Louis, MO, presents a rare investment opportunity. Located at 1654 Tower Grove Ave, this Class C building sits on a 0.153-acre lot and boasts a new TPO roof (2022). Previously used as a daycare, the property offers versatile space ideal for various retail uses. Its prime Botanical Heights location offers high visibility and proximity to thriving businesses like iNDO, La Pâtisserie Chouquette, and Union Loafers. The adjacent vacant 0.113-acre lot provides ample potential for expansion, parking, or outdoor seating. Zoned F, this property offers easy access to S Vandeventer Ave and I-44, ensuring convenient access for customers and employees. The asking price is $395,000, translating to $264.04 per square foot. This is a unique chance to acquire a well-situated retail property with significant upside potential in a desirable St. Louis neighborhood. The property includes a single, one-story building.

    Property Features for 1654 Tower Grv Ave St

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,496 SF
    Class
    C
    Lot Size
    6,665 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • $395,000 asking price for a 1,496 SF retail storefront.
    • Vacant, Class C building on a 0.153‑acre lot in St. Louis, MO.
    • Owner/user investment opportunity with a price per square foot of $264.04.
    • Features a new TPO roof (2022) and is located in the Botanical Heights neighborhood.
    • Includes an adjacent vacant lot suitable for parking or outdoor space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    St. Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.255806957411
    Latitude
    38.619145761844

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    FAQs

    What type of property is this?
    Individual retail property - Prime Botanical Heights Retail Space
    Where is this individual retail property located?
    The property is located at 1654 Tower Grv Ave St St. Louis, MO.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: $395,000 asking price for a 1,496 SF retail storefront.; Vacant, Class C building on a 0.153-acre lot in St. Louis, MO.; Owner/user investment opportunity with a price per square foot of $264.04.
    Request Owner's contact information
    1654 Tower Grv Ave St St. Louis, MO 63110
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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
    1654 Tower Grv Ave St St. Louis, MO 63110
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