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5023  Goodfellow Boulevard

5023 Goodfellow Boulevard

St Louis, MO 63136

For Sale MLS# 23019300 1187 days on market

$410,000

$275,000

$76 / sq ft

3,600

Sq Ft Above Grade

0.179

Acres

About This Property

NEW PRICE! Outstanding value-add commercial investment opportunity located at the highly traveled intersection of Goodfellow Blvd and Highway 70. This strip center features three spacious commercial units offering excellent visibility, strong traffic exposure, easy accessibility, and a dedicated parking lot with 10+ striped spaces for customers and tenants. All three units are currently vacant, creating a rare opportunity for investors or owner-operators to customize the spaces to fit their vision and maximize rental income potential. The property is ideal for a variety of uses including retail, office, salon, restaurant, carry-out food service, or neighborhood service businesses. Motivated buyers with creativity and vision can add significant value through updates, tenant placement, and strategic improvements. Located within an evolving corridor with promising redevelopment and economic growth potential, this property offers the opportunity to play a role in the continued revitalization of the surrounding community. Local businesses continue to be a driving force behind the area's future momentum and long-term stability. Perfect for commercial investors, entrepreneurs, or portfolio managers seeking a strategic acquisition with upside potential and flexible occupancy options. Seller prefers a cash buyer for a streamlined transaction process.

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Property Details

MLS#23019300
StatusFor Sale
Property TypeCommercial Sale
Property Sub-TypeRetail
Year Built1938
Sq Ft Above Grade3, 600
Lot Size Acres0.179
SubdivisionSouth Jennings Heights Add
HeatingNatural Gas, Forced Air
CoolingElectric, Gas, Central Air
WaterPublic
SewerPublic Sewer
Annual Taxes$2, 298 (2022)

Listing History

Listed: April 13, 2023 (1187 days on market)

Viewed 972 times on this site.

Brokered by Wood Brothers Realty Broker Reciprocity MARIS