Back to Search
Architectural Hospitality and Event Building

2701-2729 Lafayette Avenue St Louis, MO 63104

2701-2729 Lafayette Avenue St, Louis, MO, 63104
$1,100,000
Pending
For Sale
Claim this Listing
$1,100,000
Pending

COMMERCIAL - St Louis, MO

Property Size11,360 SF
AddedMay 14
Days on Market64
Last RefreshJul 16 at 11:06 am

Property Features for 2701-2729 Lafayette Avenue St

General Information

Property type
Commercial Sale
Property subtype
Other
Standard status
Pending
APN
2133-00-0197-0

Taxes and HOA fees

Tax Year
2024

Building Details

Year built
1922
Building materials
Brick

Listing agent Sam VandenBrink License #2021004195

Listing office Worth Clark Realty 100 Chesterfield Bus Pkwy 2 Fl, Chesterfield, MO

Listing date May 14, 2026

MLS# 25042861

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.

This sale includes an architecturally distinctive 11,360 SF building at 2701-2729 Lafayette Avenue, featuring soaring ceilings and ornate interior detailing. The structure also contains original elements that are available to restore or repurpose, supporting a range of hospitality or event-oriented concepts where character and presence matter.

The offering is positioned about one block from Lafayette Square and includes eight vacant lots—five on one side of the building and three on the other—creating a multi-lot package for site planning flexibility. The property is described as being zoned for flexibility, with surrounding uses including walkable local amenities.

For buyers and operators, the combination of a landmark-style building and adjacent vacant lots supports multiple repositioning directions, including hospitality and event uses, or a residential development approach noted in the offering materials. Prospective users should evaluate the building’s interior features and the included lot configuration to determine the best fit for their intended program under the applicable zoning framework.

Key Highlights

  • 11,360 SF brick building at 2701‑2729 Lafayette Ave, built in 1922
  • Multi‑lot offering includes the building plus 8 vacant lots: 5 on one side and 3 on the other
  • Located one block from Lafayette Square

Local 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 $68.2k $6.00
− Vacancy −$3.1k −$0.27
EGI $65.1k $5.73
− OpEx −$16.3k −$1.43
NOI $48.8k $4.30
11,360 SF · lease $6.00/SF/yr · vacancy 4.50% · expense 25.00%

Alternative Uses

Best Use
Hotel Hospitality
$1.52M
$1.33M – $1.77M (±1% cap)
NOI $106,190 @ 7.0% cap · market cap 9.65%
Second Best
Specialty Retail
$697.4K
$610.3K – $813.7K (±1% cap)
NOI $48,820 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$2.44M
$2.13M – $2.84M (±1% cap)
NOI $170,664 @ 7.0% cap · market cap 15.51%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Hotels

FAQs

What type of property is this?
Hotel - 11,360 SF building plus eight vacant lots near Lafayette Square, offering a flexible redevelopment canvas for hospitality or other uses.
Where is this hotel located?
The property is located at 2701-2729 Lafayette Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 11,360 SF brick building at 2701‑2729 Lafayette Ave, built in 1922; Multi‑lot offering includes the building plus 8 vacant lots: 5 on one side and 3 on the other; Located one block from Lafayette Square
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message