Architectural Building with Vacant
For Sale
$1,100,000
Pending
2701-2729 Lafayette Avenue St, Louis, MO 63104
COMMERCIAL - St Louis, MO
Property Size11,360 SF
Days on Market84
Property Features for 2701-2729 Lafayette Avenue St
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
Gate District
Standard status
Pending
APN
2133-00-0197-0
Taxes and HOA fees
Tax Year
2024
Building Details
Year built
1922
Building materials
Brick
Listing Agency:
Worth Clark Realty
(314) 222-0065
Listed By:
Sam VandenBrink · License #2021004195
(800) 991-6092
Added: May 14
Changed: Aug 4
Last Checked: Aug 5 at 7:06PM
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.
A distinctive architectural building totaling approximately 11,360 SF is offered as part of a rare, multi-lot assemblage at 2701-2729 Lafayette Avenue. The property includes the main building and eight vacant lots, with five lots on one side and three on the other. Inside, the structure features original interior elements, along with soaring ceilings, ornate detailing, and a grand, high-impact presence.
The offering is positioned about one block from Lafayette Square, in St. Louis City (MO). The seller notes the property is zoned for flexibility.
This combination of an architecturally significant building and multiple vacant lots provides a broad canvas for redevelopment or adaptive reuse, subject to zoning and approvals.
The offering is positioned about one block from Lafayette Square, in St. Louis City (MO). The seller notes the property is zoned for flexibility.
This combination of an architecturally significant building and multiple vacant lots provides a broad canvas for redevelopment or adaptive reuse, subject to zoning and approvals.
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
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
NOI $106,190 @ 7.0% cap · market cap 9.65%
Second Best
Specialty Retail
$697.4K
$610.3K – $813.7K
NOI $48,820 @ 7.0% cap · market cap 4.44%
Theoretical Best
Office A
$2.44M
$2.13M – $2.84M
NOI $170,664 @ 7.0% cap · market cap 15.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,167
Businesses Nearby
55k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 38%
Groceries 17%
McDonald's
Dining
23,292 visits/mo
0.5 miles
Phillips 66
Shops & Services
12,419 visits/mo
0.4 miles
Save-A-Lot
Groceries
9,103 visits/mo
0.5 miles
Family Dollar
Shops & Services
7,698 visits/mo
0.5 miles
SUBWAY
Dining
1,911 visits/mo
0.5 miles
Demographics for 63104, MO
19,317
Population
10,958
Households
1.8
Avg Household Size
34
Median Age
54%
College-Educated
94%
High-School Grad
3.4 sq mi
ZIP Area
5,681
Density / Sq Mi
$70,127
Median Household Income
$53,693
Median Earnings
$1,054
Median Rent
$249,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - Includes an 11,360 SF building and eight vacant lots, located one block from Lafayette Square.
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
