- For Sale $495,000
- Property Type Multi-Family
- Property Size 9,820 SF
- Units 5
- Date Updated Jun 24, 2025
Situated in Fox Park, close to the Benton West neighborhood of St. Louis, MO, this redevelopment project offers investors the chance to transform a historic brick building into a valuable income-generating asset while utilizing available state and federal historic tax credits. The current owner envisions a multifamily structure featuring 4-5 units on the first floor, 4 units on the second floor, and two spacious units on the third floor. A nearby new multifamily development is achieving rental rates exceeding $1.50 per square foot, suggesting that these apartments could potentially yield $9,000 per month and $108,000 annually, not accounting for parking and additional fees. This investment represents an ideal opportunity for an owner who possesses the expertise and skill set to manage a substantial development project with significant potential for high returns.
Highly-trafficked corner of Gravois Ave. in Fox Park, a highly desirable area of South City, St. Louis, MO.
Directly across the street from St. Francis de Sales Oratory – a Gothic-style church & adjacent school built at the turn of last century known to locals as the “Cathedral of South St. Louis” because of its elegantly-designed exterior and over 300-foot long spire.
Potential to build 10 new apartments in an area that can demand $1.50 per sf in rent
Close to popular areas such as Tower Grove Park, Benton Park, Soulard, Lafayette Square, and Downtown St. Louis
9,820 square feet of building eligible for both state and federal historic tax credits
The current ownership has undertaken extensive work on the building’s foundation and exterior brick, which includes:
+ Dismantling a collapsing chimney and reconstructing it to match the historic profile
+ Tuckpointing the exterior brick of both the walls and chimneys
+ Repairing and replacing essential sections of the exterior brick
+ Cleaning the entire exterior of the building using detergent
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
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Walk Score ®
84/100
Very Walkable
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Transit Score ®
42/100
Some Transit
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Bike Score ®
63/100
Bikeable
- City St. Louis, MO
- Neighborhood Fox Park
- Zip Code 63118
- Market St Louis
Points of Interest
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St. Louis - Gateway Station
1.86 miles
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Union Station - Elevator Access
1.89 miles
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Union Station
1.90 miles
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Union Station - Stair Access
1.92 miles
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8th & Pine
2.45 miles
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The Wild Station
4.08 miles
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Discovery Corner Station
4.16 miles
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Missouri History Museum/Forest Park
4.28 miles
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Forest Park - DeBaliviere Metrolink
4.44 miles
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Skinker
5.10 miles
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QuikTrip
0.22 miles
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Phillips 66
0.23 miles
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Conoco
0.26 miles
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BP
0.59 miles
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ChargePoint
0.84 miles
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EVgo Charging Station
0.86 miles
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EV Connect
2.10 miles
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Tesla Supercharger
2.17 miles
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Electric Car Charging Station
5.11 miles
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Visitor Lot
0.74 miles
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Tour Parking
0.75 miles
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Marie Curie Parking Lot
1.51 miles
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Grand Station Parking
1.81 miles
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Amtrak Long Term Parking
1.82 miles
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Gateway Transportation Center Short Term Parking
1.82 miles
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Union Station South Lot
1.84 miles
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USPS Lot 2
1.85 miles
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USPS Lot 1
1.85 miles
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427 South 15th Lot
1.86 miles
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Holiday Inn Express St. Louis
0.83 miles
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Lemp Mansion
0.92 miles
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Residence Inn
1.64 miles
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Drury Inn St. Louis At Union Station
1.88 miles
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Courtyard Downtown
1.91 miles
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Hotel St. Louis Downtown City Center
1.92 miles
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Fairfield Inn & Suites St. Louis Downtown
1.96 miles
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Union Station Marriott
2.02 miles
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Pear Tree Inn Union Station
2.03 miles
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The Westin St. Louis
2.18 miles
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City Bistro
0.03 miles
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Kim Van
0.07 miles
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Lee's Famous Recipe Chicken
0.15 miles
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Lucky Accomplice
0.24 miles
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Little Fox
0.30 miles
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Arzolas
0.37 miles
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Bugsy's Pizza
0.40 miles
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Lona's Lil Eats
0.44 miles
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Melo's Pizzeria
0.45 miles
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Sidney Street Cafe
0.45 miles
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KIPP Wisdom Academy
0.06 miles
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McKinley Classical Leadership Academy
0.57 miles
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Roosevelt High School
0.64 miles
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Sigel Elementary School
0.68 miles
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Shenandoah Elementary School
0.68 miles
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Hodgen Elementary School
0.87 miles
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Shepard Elementary School
0.91 miles
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Saint Louis Christian Academy
0.92 miles
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Lutheran School of Nursing
0.93 miles
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Lafayette Preparatory Academy
0.95 miles
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Gravois Childcare Learning Center
1.40 miles
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Castleman Corner Day Care Center
1.65 miles
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Lambs Pride Day Care Center
2.19 miles
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Kim's Kids
2.45 miles
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Childgarden Early Childhood Center
2.55 miles
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Eternity Childcare
3.63 miles
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Union Preschool
4.06 miles
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Mary Margaret Daycare
4.07 miles
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YWCA Head Start
5.54 miles
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Montessori Learning Center
5.85 miles
Frequently Asked Questions
The space currently listed for sale at 2711 Gravois Avenue asks for $495,000.
2711 Gravois Avenue totals 9,820 square feet.
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