3414 Gravois Ave St St. Louis, MO 63118

Property Details for 3414 Gravois Ave St

Year built

1893

Lot size

0.05 lot acres

Property size

2,500 SF

Property type

Retail properties

Property subtype

Office Properties & Spaces

Description

This exceptional mixed-use property, located at 3414 Gravois Ave in St. Louis, Missouri, presents a unique investment opportunity. The 2,500 square foot building, constructed in 1893, sits on a 0.05-acre lot and is part of a three-parcel assemblage totaling approximately 5,300 square feet. Currently configured as flexible space with a front office, rear storage, one bathroom, a kitchen, and three independent heating and cooling zones, the property offers significant potential for value-add. Its prime location in the Benton Park West neighborhood places it within walking distance of the vibrant restaurants, shops, and entertainment venues of Cherokee and South Grand. The property's historic nature allows for the potential use of historic tax credits, which could reduce qualified renovation costs by up to 45%. This is a combined sale of three adjoining parcels (3412, 3414, and 3418 Gravois Ave) with a total asking price of $340,000. The versatile space is suitable for a variety of uses, including studio space, venues, retail, and dining establishments. This presents a compelling opportunity to capitalize on the high demand in this thriving St. Louis neighborhood. The zip code is 63118.