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    721-723 2Nd St St. Louis, MO 63102

    Sponsored
    For Lease
    Contact for pricing

    Turn-key operation, prime riverfront location

    Lot size:
    15,552 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional turn-key opportunity presents a historic three-story building ideally situated in St. Louis' vibrant Laclede's Landing Riverfront District at 721-723 N 2nd St, zip code 63102. The property, encompassing 15,552 square feet on a 6,765 square foot lot (0.15 acres), boasts a rich history, dating back to 1896. The building features a single suite spread across three stories, serviced by a passenger elevator. The zoning is designated as L (Jefferson Memorial District). The property's versatile layout includes two floors dedicated to restaurant space, each equipped with multiple bars and kitchens, perfectly suited for a thriving food and beverage operation. The expansive third floor offers significant potential as a private event space, or alternatively, could be utilized for ample office space and storage. A complete inventory of restaurant and brewery furniture, fixtures, and equipment (FF&E) is available for purchase or lease, providing a seamless transition for a new owner or operator. This unique property presents a rare chance to acquire a fully operational establishment in a highly desirable location, with the potential for significant returns. The APN is 0067-9-091.000. Available space ranges from 1,900 to 4,000 square feet.

    Property Features for 721-723 2Nd St

    General Information

    Property type
    Wedding venues
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,552 SF

    Building Details

    Year Built
    1896
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    200
    Size
    4,000 SF
    Space
    210
    Size
    1,900 SF
    Space
    310
    Size
    1,900 SF

    HighLights

    • Located in St. Louis' historic Laclede's Landing Riverfront District.
    • Turnkey restaurant, brewery, and event space with all FF&E available for purchase or lease.
    • Three‑story building (15,552 SF) with suites ranging from 1,900 to 4,000 SF, adaptable for multiple tenants.
    • Potential for multiple tenants.
    • Adjacent to the St. Louis Arch Grounds.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Realty agency Restaurant Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    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
    -90.1847876
    Latitude
    38.6307528

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    FAQs

    What type of property is this?
    Wedding venue - Turn-key operation, prime riverfront location
    Where is this wedding venue located?
    The property is located at 721-723 2Nd St St. Louis, MO.
    What are key features of this property?
    This property features: Located in St. Louis' historic Laclede's Landing Riverfront District.; Turnkey restaurant, brewery, and event space with all FF&E available for purchase or lease.; Three-story building (15,552 SF) with suites ranging from 1,900 to 4,000 SF, adaptable for multiple tenants.
    Request Owner's contact information
    721-723 2Nd 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
    721-723 2Nd St St. Louis, MO 63102
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