Restaurant Space with Equipped
1511 Washington Avenue St Louis, MO 63103
For Sale
$760,000
COMMERCIAL - St Louis, MO
Property Size8,422 SF
Price / SF$90.24
Days on Market164
Property Features for 1511 Washington Avenue St
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Accessibility
- Accessible Elevator Installed
- Appliances
- Cooktop, Dishwasher, Disposal, Exhaust Fan, Built-In Freezer, Indoor Grill, Oven, Range, Wall Oven, Bar Fridge
- Standard status
- Active
- APN
- 05219050000
Building Details
- Year built
- 1909
- Floors in Building
- 2
- Building materials
- Brick
Listing Agency:
Salient Realty Group, LLC
(314) 374-3687
Listed By:
Timothy McCarthy · License #2019034093
(314) 374-3687
Added: Feb 11
Changed: Jul 21
Last Checked: Jul 24 at 11:06PM
MLS# 26007687
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Restaurant space offered for sale at 1511 Washington Avenue in St. Louis, MO, featuring luxury finishes and a full commercial kitchen with all equipment included. The first floor includes a large bar and dining room, while the second floor provides additional bar and dining space with floor-to-ceiling windows. An elevator connects floors, supporting access to the second-floor restaurant area.
Available restaurant area totals 5,324 SF on the first-floor restaurant footprint plus an additional bar area of 3,098 SF, for a combined range described in the listing of 5,324 to 8,422 SF. The restaurant and additional bar areas can be divided, which may support flexible operational layouts depending on the tenant’s needs.
The second-floor space is configured as a large dining room with an additional bar, with glazing spanning to the ceiling to bring in light and visibility for the dining experience.
Available restaurant area totals 5,324 SF on the first-floor restaurant footprint plus an additional bar area of 3,098 SF, for a combined range described in the listing of 5,324 to 8,422 SF. The restaurant and additional bar areas can be divided, which may support flexible operational layouts depending on the tenant’s needs.
The second-floor space is configured as a large dining room with an additional bar, with glazing spanning to the ceiling to bring in light and visibility for the dining experience.
Key Highlights
- 5,324–8,422 SF of restaurant space with multiple dining and bar areas
- Full commercial kitchen with all equipment included, plus appliances including cooktop, ovens, range, and built‑in freezer
- Large bar and dining room on the first floor
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.5k | $6.00 |
| − Vacancy | −$2.3k | −$0.27 |
| EGI | $48.3k | $5.73 |
| − OpEx | −$12.1k | −$1.43 |
| NOI | $36.2k | $4.30 |
8,422 SF · lease $6.00/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$517.1K
$452.4K – $603.2K
NOI $36,194 @ 7.0% cap · market cap 4.76%
Second Best
Industrial
$477.0K
$417.3K – $556.5K
NOI $33,387 @ 7.0% cap · market cap 4.39%
Theoretical Best
Office A
$1.81M
$1.58M – $2.11M
NOI $126,526 @ 7.0% cap · market cap 16.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Conventional restaurant - Restaurant space with luxury finishes, full commercial kitchen, and large bar and dining areas across two floors.
Where is this conventional restaurant located?
The property is located at 1511 Washington Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: 5,324–8,422 SF of restaurant space with multiple dining and bar areas; Full commercial kitchen with all equipment included, plus appliances including cooktop, ovens, range, and built‑in freezer; Large bar and dining room on the first floor
