5001 South Grand Boulevard

5001 S Grand Blvd sits just minutes from St. Mary's South Side Catholic High School, one of South St. Louis’ most recognizable schools and a long-standing part of the neighborhood. The property is also close to Carondelet Park, a nearly 180-acre park with lakes, trails, sports fields, playgrounds, and picnic areas that make it one of the area’s top outdoor destinations. South Grand provides easy access north toward dining, shopping, and entertainment, while also connecting directly into the Carondelet neighborhood and other nearby South City communities. Its location along Grand Boulevard makes commuting around St. Louis simple, with quick access to major roads, transit routes, and surrounding neighborhoods.Salient Realty Group is pleased to present this exceptional mixed-use property which offers a unique opportunity for investors looking for a blend of commercial and residential income streams. The building features three retail spaces on the ground floor, alongside a total of 16 residential units, including eight studio apartments and eight 1-bedroom, 1-bath units. With a 18.37% pro-forma cap rate, this property is a solid income-generating asset.