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Industrial Building with Basement

2738 Lasalle St, Saint Louis, MO

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For Sale

Contact for pricing

18,500 SF industrial building with 9,000 SF basement.

Type:INDUSTRIAL

Property size:

18,500 SF

Lot size:

0.21 Acres

Price / SF:

$83/SF

HighLights

18,500 SF Above Grade plus 9,000 SF Basement
Freight Elevator Access to All Levels
Zoned Industrial J
Building Fully Sprinklered
Garage Drive‑in Area in Rear
9,000 SF Basement with 9ft Ceilings

We can help!

Listing Contact

Ken Wedberg

For Sale

Contact for pricing

18,500 SF industrial building with 9,000 SF basement.

Type:INDUSTRIAL

Property size:

18,500 SF

Lot size:

0.21 Acres

Price / SF:

$83/SF

Added:: Jul 17, 2025
Days on Market:: 336
Last Refresh:: May 19 at 9:52 pm

Property Features for 2738 Lasalle St

General Information

Standard status: Active
Size: 18,500 SF
Lot size: 0.21 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

Ken Wedberg

Listing agent Ken Wedberg License #2023036618

Listing office Realty Exchange Commercial Group

Listing date Jul 17, 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 Realty Exchange Commercial Group

HighLights

18,500 SF Above Grade plus 9,000 SF Basement
Freight Elevator Access to All Levels
Zoned Industrial J
Building Fully Sprinklered
Garage Drive‑in Area in Rear
9,000 SF Basement with 9ft Ceilings

Overview

This industrial building, constructed in 1927, offers a total area of 18,500 square feet above grade. The main floor comprises 9,200 square feet, complemented by an additional 9,000 square foot basement featuring 9-foot ceilings. The building is fully sprinklered and includes a freight elevator providing access to all levels. The roof was replaced in 2013. Zoned Industrial J, the property also features a garage drive-in area located in the rear. It is situated in the Gate District/Floral Row.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$109.7k	$5.93
− Vacancy	−$4.9k	−$0.27
EGI	$104.8k	$5.66
− OpEx	−$15.7k	−$0.85
NOI	$89.1k	$4.81

18,500 SF · lease $5.93/SF/yr · vacancy 4.50% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$1.27M

$1.11M – $1.48M (±1% cap)

NOI $89,053 @ 7.0% cap · market cap 5.75%

Second Best

Industrial

$1.05M

$916.7K – $1.22M (±1% cap)

NOI $73,338 @ 7.0% cap · market cap 4.73%

Theoretical Best

Office A

$3.97M

$3.47M – $4.63M (±1% cap)

NOI $277,930 @ 7.0% cap · market cap 17.93%

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

Property Profile Location Intelligence

Current Use by Public Records

Warehouses

Suggested Use

Similar Places Nearby

Ray Carroll St. Louis — 350 S Sarah St, St. Louis, MO 63110
Life Storage - St Louis — 722 S Vandeventer Ave, St. Louis, MO 63110
iStorage — 1024 S Vandeventer Ave, St. Louis, MO 63110
Industrial Soap Company Warehouse Dock — 3700 Papin St, St. Louis, MO 63110, United States

Location Insight

Map
Local Demand

City: Saint Louis
County: St. Louis
State: Missouri
Longitude: -90.2226
Latitude: 38.622

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For sale
Warehouses
MO
Saint Louis
2738 Lasalle St

What type of property is this?

Warehouse - 18,500 SF industrial building with 9,000 SF basement.

Where is this warehouse located?

The property is located at 2738 Lasalle St Saint Louis, MO.

What is the asking price?

The asking price for this property is $1,550,000.

What are key features of this property?

This property features: 18,500 SF Above Grade plus 9,000 SF Basement; Freight Elevator Access to All Levels; Zoned Industrial J

2738 Lasalle St, Saint Louis, MO

18,500 SF industrial building with 9,000 SF basement.

Property Features for 2738 Lasalle St

General Information

We can help!

HighLights

Overview

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Versatile Brick Building in Prime Location

Cool Valley Redevelopment Opportunity

St. John Multifamily Investment Opportunity

Remodeled Retail Building with Highway Access

Mixed Use Three-Level Building

School/Church

Single-Tenant Industrial with Dock Doors

Soulard Office/Warehouse Buildings For Sale

9707 Chicago Heights Blvd

Medical Office in High-Traffic Area

Office/Warehouse Building in St. Louis

Historic Office Building with Archive

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