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Key Details
Sold Price $596,025
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 29,530 sqft
Price per Sqft $20
Subdivision Bell Add
MLS Listing ID 24061777
Sold Date 05/23/25
Year Built 1925
Lot Size 0.251 Acres
Acres 0.251
Property Description
Standing tall since 1925, the Grandview Arcade building is ready to be returned to its former glory. Located near the corner of Grand and Gravois, and clad in ornate terracotta and granite, this nearly 30,000 SF architectural gem was originally built to house street level retail and professional services. It also served as the entrance to the Melba Theatre formally located behind this building. It consists of 3 floors along with an underground parking area (19 spaces) and a side surface lot (17 spaces). Original historic features include terrazzo floors, a beautiful marble staircase w/iron railing, plaster crown molding, marble casing and elevator. Take advantage of available historic state and federal tax credits. Located in a chapter 99 tax abatement district. Floor plans, existing and proposed, are available. Phase 1 & 2 work completed and asbestos remediated. Building has been cleared and ready for work to begin. Zoned H and approved for mixed use. Location: City, Corner Location, High Traffic
Location
State MO
County St Louis City
Area 2 - Central East
Interior
Interior Features Elevator
Heating None
Cooling None
Fireplace N
Appliance Other
Exterior
Parking Features true
Utilities Available Electricity Available
Roof Type Flat
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Stone,Other
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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