Adaptive Reuse Office/Warehouse
3135 Lafayette Ave St Saint Louis, MO
3135 Lafayette Ave St, Saint Louis, MO, 00000
Contact for pricing
For Sale
Contact for pricing
Two-story, 5,830 SF office/warehouse with redevelopment potential.
Property Size5,830 SF
Lot Size0.30 Acres
Price / SF$90.05
Days on Market292
Property Features for 3135 Lafayette Ave St
General Information
- Standard status
- Active
- Size
- 5,830 SF
- Lot size
- 0.30 Acres
- Property subtype
- OFFICE
Listing agency
Manor Real Estate
(314) 518-5010
Listed by
Benjamin R Cherry · License #2021000758
(314) 518-5010
Source
Moodyscre
Added: Oct 3, 2025 Updated: Jul 6 at 10:21AM Checked: Jul 21 at 6:01AM
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
Investment Insights
Based on property information with market context.
The property at 3135 Lafayette Ave is a 5,830 SF two-story office/warehouse located in St. Louis’ Gate District, situated minutes from Downtown and SLU. Constructed with historic brick, the building formerly served as a post office. It offers adaptive reuse potential, including the conversion of the second floor into two residential units, with an existing kitchen and two full restrooms already in place. A rear garden lot provides the opportunity for on-site parking. The building also features a prep kitchen and rooftop HVAC units. This versatile asset is suitable for investors, owner-users, or redevelopment projects.
Key Highlights
- Historic brick construction and former post office building.
- Substantial 5,830 SF two‑story office/warehouse space.
- Adaptive reuse potential for residential conversion on the second floor (existing kitchen and restrooms).
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 | $34.6k | $5.93 |
| − Vacancy | −$1.6k | −$0.27 |
| EGI | $33.0k | $5.66 |
| − OpEx | −$5.0k | −$0.85 |
| NOI | $28.1k | $4.81 |
5,830 SF · lease $5.93/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Mixed Use
$1.02M
$896.3K – $1.20M
NOI $71,707 @ 7.0% cap · market cap 13.66%
Second Best
Apartment 5plus
$775.1K
$678.2K – $904.2K
NOI $54,254 @ 7.0% cap · market cap 10.33%
Theoretical Best
Office A
$1.25M
$1.09M – $1.46M
NOI $87,585 @ 7.0% cap · market cap 16.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mixed-use properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Two-story, 5,830 SF office/warehouse with redevelopment potential.
Where is this mixed-use property located?
The property is located at 3135 Lafayette Ave St Saint Louis, MO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Historic brick construction and former post office building.; Substantial 5,830 SF two‑story office/warehouse space.; Adaptive reuse potential for residential conversion on the second floor (existing kitchen and restrooms).
