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First-Floor Restaurant Bar Condo

920 Olive Street St Louis, MO 63101

Claim this Listing
For Sale
$750,000

COMMERCIAL - St Louis, MO

Type:Retail
Property size:
12,528 SF
Lot size:
0.13 Acres
Price / SF:
$59/SF
Added:
Feb 25, 2026
Days on Market:
136
Last Refresh:
Jul 11 at 6:06 pm

Property Features for 920 Olive Street St

General Information

Property type
Commercial Sale
Property subtype
Retail
Standard status
Active
APN
0274-00-0015-0
Size
12,528 SF
Lot size
0.13 Acres

Taxes and HOA fees

Tax Year
2022
Tax Annual Amount
13829

Utilities

Utilities
Water Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air, Electric
Water source
Public

Building Details

Year built
1920
Floors in Building
2
Building materials
Concrete, Block

Listing agent Ben Cherry License #2006018085

Listing office Manor Real Estate 8085 Manchester Road, Saint Louis, MO

Listing date Feb 25, 2026

MLS# 23059402

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.

A 7,078 SF first-floor commercial condo in the Bell Lofts building is configured for a restaurant, bar, and/or event space. The layout includes an interior mezzanine level, which is also accessible from the elevator, for additional seating. The space is described as able to accommodate up to 180 patrons and features an open kitchen area. A full basement runs throughout the unit, providing additional space for food storage, coolers, and utilities. All furniture, fixtures, and equipment are included with the sale.

The Bell Lofts building includes 24 residential condos and is listed on the National Registry of Historic Places. The property is located at the intersection of Olive and 10th Street in the heart of Downtown St. Louis’ Central Business District.

Key Highlights

  • 7,078 SF first‑floor commercial condo in the Bell Lofts building in downtown St. Louis
  • Configured for a restaurant, bar and/or event space with interior mezzanine level for additional seating
  • Interior mezzanine accessible via elevator; space accommodates up to 180 patrons

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 $75.2k $6.00
− Vacancy −$3.4k −$0.27
EGI $71.8k $5.73
− OpEx −$17.9k −$1.43
NOI $53.8k $4.30
12,528 SF · lease $6.00/SF/yr · vacancy 4.50% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$769.1K
$673.0K – $897.3K (±1% cap)
NOI $53,839 @ 7.0% cap · market cap 7.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.69M
$2.35M – $3.14M (±1% cap)
NOI $188,211 @ 7.0% cap · market cap 25.09%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

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

Suggested Use

(Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher (Bike/Boat/Book/etc) Store Locksmith Home Appliance Store Electrical Service (Bike/Boat/Book/etc) Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Conventional restaurant - Restaurant-ready first-floor condo with interior mezzanine seating, open kitchen, and full basement for storage and utilities.
Where is this conventional restaurant located?
The property is located at 920 Olive Street St Louis, MO.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 7,078 SF first‑floor commercial condo in the Bell Lofts building in downtown St. Louis; Configured for a restaurant, bar and/or event space with interior mezzanine level for additional seating; Interior mezzanine accessible via elevator; space accommodates up to 180 patrons
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