3608 Grand Blvd St, St. Louis, MO 63107
This 7,040-square-foot storefront at 3608 N Grand Blvd in St. Louis, MO 63107, is available for purchase at $175,000 ($24.86/sq ft). Currently operating as a pawn shop, the lease expires October 1, 2024, presenting a unique opportunity for a new tenant. The property boasts excellent street visibility, though off-street parking is limited. Recent improvements include a fresh coat of paint on the façade and well-maintained security bars. While a torch-down roof overlay was completed approximately 12 years ago, some interior ceiling damage remains unrepaired. Ceiling heights are generally 10-12 feet, except for a 2400-square-foot rear area with 8-foot ceilings. The interior layout is adaptable, with many removable walls allowing for customization to suit various retail needs. This accessible building offers significant potential for diverse uses. The property is a gross lease.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.