Outstanding Location:
This highly visible mixed-use building in Dogtown offers a rare opportunity just a short walk from Forest Park. Conveniently located near DeMun, Washington University, The Loop, and Downtown Clayton, with easy access to Highway 40 / Interstate 64, this property sits in one of St. Louis’ most sought-after areas.
Property Overview:
Built in 1915 and meticulously maintained, this 3,240-square-foot brick building spans two floors, each measuring 1,620 square feet. The first floor is a commercial space currently leased as an office, with the tenant vacating in April 2025. The second floor is a spacious three-bedroom, two-bath residence with a variance allowing for commercial use, also occupied by the current tenant. The basement provides additional workspace, currently utilized by the same tenant.
Versatile Use Potential:
This property presents multiple opportunities:
Parking & Additional Features:
A fenced parking lot at the rear of the building provides eight parking spaces. The building also features an attached enclosed porch on the second floor, adding functional space to the property.
Investment Potential:
Recent Updates & Improvements:
A Virtual Tour of the Building is Available:
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This mixed-use building presents a prime opportunity for an investor or developer to transform a blank slate into a high-performing asset in the heart of South City. Priced at $375,000, the property has undergone significant improvements, including a large new deck and a three-car garage, but still requires plumbing, electrical updates, drywall, and finishing touches to reach its full potential. Notably, six units are already gutted and framed, making it well on its way to becoming a fully functional six-unit apartment building.
The building currently features three apartments on the upper level and three commercial spaces on the main level, which are ideal for conversion into additional apartments. Additionally, a large, open, unfinished attic offers even more potential for creative development. Located in a vibrant and rapidly redeveloping area, the property is surrounded by sought-after neighborhoods like Tower Grove East, Fox Park, and Benton Park West, all experiencing substantial revitalization. Its prime South City location provides easy access to public transportation, major thoroughfares, highways, and downtown St. Louis. Residents will enjoy proximity to a wealth of neighborhood shops, restaurants, and bars, adding to the area’s appeal.
With strong rental demand, 1-bedroom, 1-bath apartments in the area rent for over $1,000 per month. Comparable multi-family properties sell for over $100,000 per unit, underscoring the value and income-generating potential of this property. Whether you are an experienced developer or a savvy investor, 2648 Gravois offers a rare chance to create a high-demand residential asset in one of St. Louis’ most promising areas. Don’t miss this opportunity to capitalize on the growth and vibrancy of South City!
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Property Highlights:
Prime Location:
Located in The Grove, one of St. Louis’ most vibrant and growing neighborhoods, this property offers a rare opportunity to capitalize on the area’s ongoing revitalization. Surrounded by popular bars, restaurants, nightlife, major hospitals, SLU, Forest Park, and with convenient highway access.
Potential Uses:
Perfect for investors, developers, or owner-occupants seeking a strategic income-producing asset. Potential uses include offices, an event venue, a restaurant, conversion to multi family. Townhomes could be built on the vacant portion of the property or have off street parking.
Virtual Tour of the Building: https://my.matterport.com/show/?m=D6HABGVFRCk&mls=1
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This 1708 square foot office building is in a great location for your business.
Paying buyers agent 2%.
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Property Basics: 321 recently built storage units located in Park Hills, Missouri, on 4.75 acres (approximately 206,474 square feet).
Diverse Unit Mix: Steel units comprising 69,240 total building square feet, featuring a mix of boat and recreational vehicle storage, a large 60×60 unit suitable for a small business, and a variety of medium and smaller storage units.
Well-Equipped Units: The 60×60 unit is climate-controlled, and the majority of units offer electricity and lighting, ensuring safe storage for a variety of needs.
Modern Amenities: The secure storage facility features Spider Door, an app that allows for easy, remote, contactless leasing and access, with owner and tenant portals.
Passive Income Opportunity: This investment offers a great opportunity for large passive income with minimal management and oversight required.
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Rare opportunity to purchase a mixed-use property located in The Hill neighborhood in St. Louis.
Paying buyers agent 1.5%
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Building Location
Building History
Street Level Tenant: 1st & 2nd Floors – 7,260 SF:
Lower Level Tenant: 2 Lower Levels – 6,188 SF:
3rd Floor Tenant – 3,630 SF:
Links:
Paying buyers agent 1.5%
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4 Units off Hanley Rd in Clayton, MO
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96 Unit Apartment Complex in St. Charles, MO
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