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    OFF-MARKET
    Retail properties & Spaces

    3608 Grand Blvd St, St. Louis, MO 63107

    7,040 SF
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Total area 7,040 SF
    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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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