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    2001 Park Ave St St. Louis, MO 63104

    Sponsored
    For Sale
    $1,200,000

    Restaurant, Apartments & Office Space

    Property size:
    8,424 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property at 2001 Park Ave, St. Louis, MO 63104, presents a unique investment opportunity. Boasting 8,424 gross square feet across three stories, the building offers a diverse range of income-generating spaces. The first floor features a restaurant space, ready for immediate occupancy or customization. Above, a three-bedroom, one-bathroom apartment provides comfortable residential living. The third floor currently functions as office space, but its layout allows for conversion into a second three-bedroom, one-bathroom apartment, significantly increasing rental potential. The building underwent extensive exterior renovations in 2020, including a complete roof replacement across all three floors, installation of all new wood windows on the second and third floors, new gutters, and spot tuck pointing on the north and west walls. The exterior was also repainted. This meticulously maintained property offers a blend of established income streams and significant upside potential, making it an ideal addition to any investment portfolio. The asking price is $1,200,000, translating to $142.45 per square foot. This prime St. Louis location ensures high visibility and accessibility, further enhancing its investment appeal. Don't miss this chance to acquire a versatile and profitable property in a thriving urban area.

    Property Features for 2001 Park Ave St

    General Information

    Property type
    Restaurants
    Square Feet
    8,424 SF

    Building Details

    Stories
    3

    HighLights

    • 1st Floor Retail Space: Restaurant ready for immediate occupancy.
    • 2nd Floor: 3‑bedroom, 1‑bathroom apartment.
    • 3rd Floor: Office space, convertible to a 3‑bedroom, 1‑bathroom apartment.
    • 8,424 Gross Square Feet.
    • 2020 Exterior Renovation: New roof, new wood windows (2nd & 3rd floors), new gutters, tuckpointing, and exterior repaint.
    • All New Wood Windows on 2nd and 3rd Floors.
    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 Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    St. Louis
    County
    Saint Louis
    State
    Missouri
    Longitude
    -90.213626783805
    Latitude
    38.617430309553

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    FAQs

    What type of property is this?
    Restaurant - Restaurant, Apartments & Office Space
    Where is this restaurant located?
    The property is located at 2001 Park Ave St St. Louis, MO.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 1st Floor Retail Space: Restaurant ready for immediate occupancy.; 2nd Floor: 3-bedroom, 1-bathroom apartment.; 3rd Floor: Office space, convertible to a 3-bedroom, 1-bathroom apartment.
    Request Owner's contact information
    2001 Park Ave St St. Louis, MO 63104
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    St. Louis, MO 63104
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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
    2001 Park Ave St St. Louis, MO 63104
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