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    920 Olive St St St. Louis, MO 63101

    Sponsored
    For Lease
    $15 SF/Yr ($15,660 /Mo)

    Prime Downtown STL Restaurant Space

    Lot size:
    12,528 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,528-square-foot, single-tenant retail condo, located in the heart of St. Louis' Central Business District at the intersection of Olive and 10th Street, presents a turnkey opportunity. Housed within the historic Bell Lofts building (listed on the National Registry of Historic Places), this two-story space boasts a first-floor layout ideally suited for a restaurant, bar, or event venue. The property includes a mezzanine level accessible via elevator, providing additional seating capacity for a total of 180 patrons. A fully equipped open kitchen and a full basement offer ample storage, refrigeration, and utility space. All furniture, fixtures, and equipment are included in the sale. Built in 1920 and renovated in 2005, the building features one elevator and is zoned I - Central Business District (APN: 0274-00-0015-0). The Bell Lofts building also includes 24 residential condos. This is a rare opportunity to acquire a fully operational and well-equipped commercial space in a prime downtown location. The property's historical significance and central location offer significant advantages for a variety of hospitality businesses.

    Property Features for 920 Olive St St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,528 SF
    Total Rate
    15660

    Building Details

    Year Built/Renovated
    1920/2005
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    12,528 SF
    Rate per SF
    $15

    HighLights

    • 12,528 SF single‑tenant restaurant space available for sale.
    • Turnkey operation including all FF&E.
    • Mezzanine level provides additional seating for a total capacity of 180 patrons.
    • Full basement offers ample storage and utility space.
    • Located in the heart of Downtown St. Louis' Central Business District at Olive and 10th Street.
    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
    -90.194638103534
    Latitude
    38.629031962176

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    FAQs

    What type of property is this?
    Restaurant - Prime Downtown STL Restaurant Space
    Where is this restaurant located?
    The property is located at 920 Olive St St St. Louis, MO.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 12,528 SF single-tenant restaurant space available for sale.; Turnkey operation including all FF&E.; Mezzanine level provides additional seating for a total capacity of 180 patrons.
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    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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