Office Building with residential space on second floor located on a corner lot and high traffic corridor in Affton. There is 2,400 square feet of office space on the main floor, currently leased to an accounting firm. There are 30 parking spaces on the parking lot. The property also includes a 450 square feet separate building with a two car garage and additional office space. The second floor consist of 2,400 square feet of residential living space with two fire places. The upstairs residential space is in need of renovations. REDEVELOPMENT OPPORTUNITY: This property is available for purchase with all or one of the following adjacent properties, together making a continuous 1.82 acre redevelopment site at the signalized intersection of Gravois and Heege: 8213 & 8205 Gravois Rd.
This prime value-add opportunity features a recently renovated building with new electrical systems, HVAC, roof, plumbing, and parking lot. Currently 31% occupied with leases through 3/31/2029. Located at a signalized hard corner visible to over 20,000 cars daily. Situated in a densely populated area with 289,459 residents within a 5-mile radius, it's just a 25-minute drive from downtown St. Louis and St. Louis Lambert International Airport. The property also includes a stable NNN corporate lease with ACE Cash Express and benefits from an affluent demographic with an average household income exceeding $91,000 within the area.
The median home value in Saint Louis, MO is $240,000. This is lower than the county median home value of $248,000. The national median home value is $338,100. The average price of homes sold in Saint Louis, MO is $240,000. Approximately 72.46% of Saint Louis homes are owned, compared to 23% rented, while 4.53% are vacant. Saint Louis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Saint Louis real estate agent to arrange a tour today!
Saint Louis, Missouri 63123 has a population of 18,925. Saint Louis 63123 is more family-centric than the surrounding county with 29.87% of the households containing married families with children. The county average for households married with children is 29.08%.
The median household income in Saint Louis, Missouri 63123 is $70,330. The median household income for the surrounding county is $72,562 compared to the national median of $69,021. The median age of people living in Saint Louis 63123 is 42.5 years.
The average high temperature in July is 88.5 degrees, with an average low temperature in January of 22.7 degrees. The average rainfall is approximately 43.8 inches per year, with 15.9 inches of snow per year.