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    1440 Broadway St St. Louis, MO 63102

    Sponsored
    For Sale
    $189,000

    Vacant 7,056 SF building, $189K

    Property size:
    7,056 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional redevelopment opportunity presents a 7,056 square foot, three-story building situated on a 0.25-acre lot at 1440 N Broadway in St. Louis, Missouri, zip code 63102. The property, built in 1902, is currently vacant and offers significant potential for adaptive reuse. Classified as both Creative Office and Warehouse space, it boasts 10-foot ceilings throughout and includes a full basement. The first floor previously operated as a restaurant. The building benefits from high visibility due to its proximity to I-70 and includes an 8,400 square foot fenced parking lot. The property is zoned K - Unrestricted, allowing for a wide range of development possibilities. The asking price is $189,000, translating to $26.79 per square foot. This is an owner/user investment opportunity within an Opportunity Zone. While the building requires rehabilitation, its prime location and substantial lot size make it an attractive proposition for investors seeking a high-impact project. The building has an elevator, though its current condition is unknown. There are no loading docks or gas pumps on the property.

    Property Features for 1440 Broadway St

    General Information

    Property type
    Office space
    Square Feet
    7,056 SF

    Building Details

    Year Built
    1902
    Buildings
    1
    Stories
    3

    HighLights

    • 7,056 SF, three‑story building on a 0.25‑acre lot in St. Louis, MO (63102).
    • Located in an Opportunity Zone.
    • Features 8,400 SF of fenced off‑street parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    St. Louis
    County
    Missouri
    State
    Missouri
    Longitude
    -90.1855185
    Latitude
    38.6392166

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    FAQs

    What type of property is this?
    Office space - Vacant 7,056 SF building, $189K
    Where is this office space located?
    The property is located at 1440 Broadway St St. Louis, MO.
    What is the asking price?
    The asking price for this property is $189,000.
    What are key features of this property?
    This property features: 7,056 SF, three-story building on a 0.25-acre lot in St. Louis, MO (63102).; Located in an Opportunity Zone.; Features 8,400 SF of fenced off-street parking.
    Request Owner's contact information
    1440 Broadway St St. Louis, MO 63102
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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
    1440 Broadway St St. Louis, MO 63102
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