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    3119-3129 Watson Rd St Louis, MO

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    For Lease
    $12 SF/Yr ($9,300 /Mo)

    9,300 SF restaurant space with existing fixtures for lease.

    Property size:
    9,300 SF
    Lot size:
    0.28 Acres

    Property Features for 3119-3129 Watson Rd St

    General Information

    Size
    9,300 SF
    Lot size
    0.28 Acres

    Source: Kramer Commercial Realty Agent Mark R Kramer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant Space Available For Lease

    This 9,300 square-foot space, which may be divided, is available for lease. Currently configured as a restaurant, it features 130 seats in the main dining area, 60 seats in the banquet room, and 50 seats at the bar. The property is zoned "F" Neighborhood Commercial. Some fixtures will remain, including the hood, walk-in cooler, bar, and all built-in attached equipment, plus the existing restaurant build-out. Each building also has a basement. This location was a successful restaurant for over 38 years and has been remodeled several times. The roof was replaced in 2019, and the HVAC system was updated in 2021 and 2023.
    Location Intelligence

    Current Use by Public Records

    Bars

    Similar Places Nearby

    St. Louis Sportservice by Delaware North, The Croquetterie, Red Zucchini PCS & Catering, Nirvana Catering, Centenary Commissary Kitchen

    Map

    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.1928216
    Latitude
    38.6305392

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    FAQs

    What type of property is this?
    Restaurant - 9,300 SF restaurant space with existing fixtures for lease.
    Where is this restaurant located?
    The property is located at 3119-3129 Watson Rd St Louis, MO.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Established restaurant location with a 38-year history.; - Turnkey restaurant setup including **130 seats, a 60-seat banquet room, and a 50-seat bar.**; - Includes essential restaurant fixtures: hood, walk-in cooler, bar, and existing restaurant build-out.
    (314) 221-6278
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

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    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3119-3129 Watson Rd St Louis, MO
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