Investment Overview

Marcus & Millichap is pleased to present 4333 Manchester Avenue located in the heart of “The Grove” neighborhood in St Louis, Missouri, located on Manchester Avenue between S. Newstead to the West and Tower Grove Avenue to the East. Currently used as Office, the Property features a 2,300-square-foot (estimated) red brick building with a large side yard. Originally built in 1907, the building is situated on frontage of 50 feet and 125 feet deep lending the property to multiple uses such as residential (current zoning), Office, Retail or Restaurant with outside seating. Over the last 15 years, the area surrounding the subject property in The Grove, has seen substantial new development and major renovation, featuring new apartments, restaurants and retail and office businesses giving the investor multiple options to leverage the upside of this unique property. In 2016, the adjacent property at 4321 Manchester was developed into 20 apartments over retail store fronts with asking apartment rents of $1465 per unit. Directly adjacent to the west at 4337 Manchester, the 2200-square-foot two story brick property was renovated for a store front office and living space upstairs. The Grove neighborhood features a variety of independently owned restaurants, bars, boutiques, and coffee shops. The area's walkability, combined with its eclectic mix of establishments, ensures that there's something for everyone. Whether you're looking to enjoy a meal, experience live music, or appreciate local art, The Grove offers a unique and enriching experience.