3418 Gravois Ave St St. Louis, MO 63118
This exceptional St. Louis, MO mixed-use property at 3418 Gravois Ave offers 2,880 square feet of versatile space, ideal for a variety of uses. Built in 1931, this property sits on a 0.07-acre lot and is part of a three-parcel assemblage totaling approximately 5,300 square feet. Currently configured as flex space with a front office, rear storage, one bathroom, kitchen, and three separate heating and cooling zones, it presents significant value-add potential. The property's location in the desirable Benton Park West neighborhood offers easy access to the vibrant restaurants, shopping, and entertainment options of Cherokee and South Grand. The assemblage's potential for mixed-use development, including studio space, venues, retail, or dining, is substantial. Renovation could benefit from historic tax credits, potentially saving up to 45% of qualified project costs. The asking price of $340,000 includes all three parcels; they will only be sold together.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.