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    1709-1715 S 11th St St., Louis, MO

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    Three-story, 20,520 SF historic building in LaSalle Park.

    Type:INDUSTRIAL
    Property size:
    20,520 SF
    Lot size:
    0.24 Acres
    Price / SF:
    $70/SF
    Added:
    Oct 13, 2025
    Days on Market:
    245
    Last Refresh:
    May 19 at 10:18 pm

    Property Features for 1709-1715 S 11th St St.

    General Information

    Standard status
    Active
    Size
    20,520 SF
    Lot size
    0.24 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Jeffrey J Sanders
    Jeffrey J Sanders

    Listing agent Jeffrey J Sanders License #2000157467

    Listing office NAI DESCO

    Listing date Oct 13, 2025

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of NAI DESCO

    HighLights

    • Excellent redevelopment opportunity with Arch views and off‑street parking.
    • Eligible for Missouri & Federal Historic Tax Credit Programs.
    • Secure, historic, brick & heavy timber building with 20,520 square feet.
    • New roof (Sept. 2025), platform truck dock, working freight elevator, & dry sprinkler system.
    • Located in LaSalle Park, near Soulard and Lafayette Park, at I‑44 and I‑55 Interchange.
    • Built in 1912 as part of the Cordage Mill complex; continually occupied.

    Overview

    This three-story, 20,520 square foot historic brick and heavy timber building, constructed in 1912 as part of the Cordage Mill complex, presents an excellent redevelopment opportunity. The secure building features off-street parking and views. It is located in the LaSalle Park neighborhood on a quiet, low-traffic street, near Soulard and Lafayette Park at the I-44 and I-55 Interchange. The property includes a platform truck dock, a working freight elevator, and a dry sprinkler system. A new roof is planned for September 2025. The property is eligible for Missouri and Federal Historic Tax Credit Programs and has been continually occupied.

    Local Financial Insights For Warehouse

    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 $121.7k $5.93
    − Vacancy −$5.5k −$0.27
    EGI $116.2k $5.66
    − OpEx −$17.4k −$0.85
    NOI $98.8k $4.81
    20,520 SF · lease $5.93/SF/yr · vacancy 4.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.41M
    $1.23M – $1.65M (±1% cap)
    NOI $98,777 @ 7.0% cap · market cap 6.88%
    Second Best
    Industrial
    $1.16M
    $1.02M – $1.36M (±1% cap)
    NOI $81,345 @ 7.0% cap · market cap 5.66%
    Theoretical Best
    Office A
    $4.40M
    $3.85M – $5.14M (±1% cap)
    NOI $308,277 @ 7.0% cap · market cap 21.46%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Similar Places Nearby

    • Universal Dedicated Warehouse — 400 Shenandoah Ave, St. Louis, MO 63104
    • South Side Storage & Moving Co — sidney st, st. louis, mo 63104

    Location Insight

    • Map
    • Local Demand
    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.2054
    Latitude
    38.6122

    FAQs

    What type of property is this?
    Warehouse - Three-story, 20,520 SF historic building in LaSalle Park.
    Where is this warehouse located?
    The property is located at 1709-1715 S 11th St St. Louis, MO.
    What is the asking price?
    The asking price for this property is $1,436,400.
    What are key features of this property?
    This property features: Excellent redevelopment opportunity with Arch views and off‑street parking.; Eligible for Missouri & Federal Historic Tax Credit Programs.; Secure, historic, brick & heavy timber building with 20,520 square feet.
    (314) 578-1926 Call to check price and availability
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