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3131-3137 OLIVE ST Saint Louis, MO

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Stabilized restaurant property in St. Louis' Midtown corridor for sale.

Type:RETAIL
Property size:
5,435 SF
Lot size:
0.18 Acres
Price / SF:
$202/SF
Added:
Sep 11, 2025
Days on Market:
229
Last Refresh:
Apr 5 at 8:48 pm

Property Features for 3131-3137 OLIVE ST

General Information

Standard status
Active
Size
5,435 SF
Lot size
0.18 Acres
Property subtype
RETAIL

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Listing Contact
Caleb B Anthonis
Caleb B Anthonis

Listing agent Caleb B Anthonis License #2021000758

Listing office Manor Real Estate

Listing date Sep 11, 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 Manor Real Estate


Overview

Renovated Restaurant Investment Opportunity

The property at 3131–3137 Olive Street is a restaurant investment opportunity located in St. Louis’ Midtown corridor. The building, totaling approximately 5,372 square feet, is fully leased to Salsa Rosada through 2027, offering a consistent income stream with annual rent increases. Originally constructed in 1894 and fully renovated in 2016, the property blends historical architecture with updated systems and ADA accessibility. Situated on Olive Street, near Saint Louis University and The City Foundry, the location is in a growing area of the city.
Location Intelligence

Current Use by Public Records

Restaurants

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Similar Places Nearby

  • St. Louis Sportservice by Delaware North 405 s broadway, st. louis, mo 63102
  • The Croquetterie 1610 Olive St, St. Louis, MO 63108
  • Red Zucchini PCS & Catering 1610 Olive St, St. Louis, MO 63103
  • Nirvana Catering 1610 Olive St, St. Louis, MO 63103
  • Centenary Commissary Kitchen 1610 Olive St, St. Louis, MO 63103

Location Insight

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City
Saint Louis
County
St. Louis
State
Missouri
Longitude
-90.2248
Latitude
38.6358

FAQs

What type of property is this?
Restaurant - Stabilized restaurant property in St. Louis' Midtown corridor for sale.
Where is this restaurant located?
The property is located at 3131-3137 OLIVE ST Saint Louis, MO.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 100% leased to Salsa Rosada through 2027, providing reliable income.; Annual rent escalations offer potential for increased returns.; Located in St. Louis’ Midtown corridor, near Saint Louis University and The City Foundry, in an active growth area.
(636) 578-7627 Call to check price and availability
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