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    Retail properties & Spaces

    1500 Grand Blvd St, St. Louis, MO 63104

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    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Retail properties & Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
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    Permitted uses
    Allowed · conditional · prohibited
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