Historic Mixed-Use Building with
For Sale
$1,900,000
1900 Locust Street, Saint Louis, MO 63101
A three-story brick property combines restaurant space with flexible event and office areas, an elevator, and a private patio.
Property Size21,390 SF
Price / SF$88.83
Days on Market314
Property Features for 1900 Locust Street
General Information
Standard status
Active
Size
21,390 SF
Elevators
Yes
Property subtype
Commercial
Additional Details
Condition
Turnkey
Public Transit
Yes
Patio
Yes
Property Use
Office
Building Details
Building Size
21,390 SF
Year Built
1890
Buildings
1
Stories
3
Construction
brick
Listing Agency:
Flowers Home Realty
(636) 348-0222
Listed By:
Marletta Flowers · License #2006018112
(314) 614-8707
Source:
Flowershomerealty
Added: Dec 16, 2025
Changed: Oct 26
Last Checked: Oct 26 at 3:53AM
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 Flowers Home Realty
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Investment Insights
Based on property information with market context.
At 1900–1904 Locust Street, this 21,390± SF historic brick building dates to 1890 and spans three stories. Its restaurant buildout covers 7,100+ SF and includes a full kitchen and high ceilings. Flexible event and office areas are also part of the property, with elevator service and dedicated HVAC on each floor.
A private outdoor patio of approximately 2,600 SF adds an additional space to the building’s mix of uses. The property is in Downtown West, steps from Union Station and the MLS Stadium.
A private outdoor patio of approximately 2,600 SF adds an additional space to the building’s mix of uses. The property is in Downtown West, steps from Union Station and the MLS Stadium.
Key Highlights
- 21,390± SF, three‑story historic brick building built in 1890
- 7,100+ SF restaurant buildout with full kitchen and high ceilings
- Flexible event and office areas served by an elevator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,924
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,838,480
$1.8M
Cap Rate 7%
$1,313,200
$1.3M
Cap Rate 9%
$1,021,378
$1.0M
Market Conditions
NOI Build-Up for 21,390 SF
Gross rent
$128.3K $6.00/SF
− Vacancy
−$5.8K −$0.27/SF
EGI
$122.6K $5.73/SF
− OpEx
−$30.6K −$1.43/SF
NOI
$91.9K $4.30/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,838,480
Cap Rate 7%
$1,313,200
Cap Rate 9%
$1,021,378
Alternative Uses
Best Use
Mixed Use
$3.76M
$3.29M – $4.38M
NOI $263,089 @ 7.0% cap · market cap 13.85%
Second Best
Specialty Retail
$1.31M
$1.15M – $1.53M
NOI $91,924 @ 7.0% cap · market cap 4.84%
Theoretical Best
Office A
$4.59M
$4.02M – $5.36M
NOI $321,347 @ 7.0% cap · market cap 16.91%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,730
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Dining 25%
Hotels & Casinos 23%
Home Improvements & Furnishings 12%
Imo's Pizza
Dining
5,213 visits/mo
0.3 miles
Mobil
Shops & Services
4,594 visits/mo
0.5 miles
Fairfield Inn & Suites by Marriott St. Louis Downtown
Hotels & Casinos
3,500 visits/mo
0.3 miles
Grainger
Home Improvements & Furnishings
2,408 visits/mo
0.5 miles
Enterprise Rent-A-Car
Shops & Services
2,356 visits/mo
0.3 miles
Demographics for 63101, MO
4,171
Population
2,457
Households
1.7
Avg Household Size
35
Median Age
61%
College-Educated
98%
High-School Grad
0.4 sq mi
ZIP Area
10,428
Density / Sq Mi
$92,708
Median Household Income
$68,079
Median Earnings
$1,295
Median Rent
$228,300
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A three-story brick property combines restaurant space with flexible event and office areas, an elevator, and a private patio.
Where is this mixed-use property located?
The property is located at 1900 Locust Street Saint Louis, MO.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: 21,390± SF, three‑story historic brick building built in 1890; 7,100+ SF restaurant buildout with full kitchen and high ceilings; Flexible event and office areas served by an elevator
