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    920 Olive St St St. Louis, MO 63101

    For Sale
    $1,300,000

    Prime location, turnkey restaurant space.

    Property size:
    12,528 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 12,528-square-foot commercial condo, located at 920 Olive Street in St. Louis, Missouri (zip code 63101), presents a unique investment opportunity. Priced at $1,300,000 ($104 per square foot), this vacant, ground-floor space within the historic Bell Lofts building is perfectly suited for a restaurant, bar, or event venue. Built in 1920 and renovated in 2005, the two-story condo boasts an open kitchen area, a full basement for storage and utilities, and a mezzanine level accessible by elevator, providing additional seating capacity for a total of 180 patrons. All existing furniture, fixtures, and equipment are included in the sale. The property is zoned I - Central Business District and features one building with one unit. Its prime location at the intersection of Olive and 10th Street places it in the heart of downtown St. Louis's vibrant Central Business District, surrounded by the activity of 24 residential lofts within the same building, which is listed on the National Registry of Historic Places. The property's APN is 0274-00-0015-0. This is a triple net (NNN) lease opportunity. This turnkey operation offers immediate potential for a thriving business.

    Property Features for 920 Olive St St

    General Information

    Property type
    Restaurants
    Square Feet
    12,528 SF

    Building Details

    Year Built/Renovated
    1920/2005
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • Turnkey restaurant/bar/event space with existing kitchen equipment.
    • Fully furnished and equipped.
    • Mezzanine level provides extra seating.
    • 180‑person capacity.
    • Ground floor space within the Bell Lofts, a 24‑unit condo building.
    • Prime Downtown St. Louis location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    St. Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.1945424
    Latitude
    38.6288563

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    FAQs

    What type of property is this?
    Restaurant - Prime location, turnkey restaurant space.
    Where is this restaurant located?
    The property is located at 920 Olive St St St. Louis, MO.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: Turnkey restaurant/bar/event space with existing kitchen equipment.; Fully furnished and equipped.; Mezzanine level provides extra seating.
    Request Owner's contact information
    920 Olive St St St. Louis, MO 63101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    920 Olive St St St. Louis, MO 63101
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