Back to Search

Downtown St. Louis Commercial Condo

918-920 Olive St St., Louis, MO

View on Map

For Sale

Contact for pricing

7,078 SF commercial condo in the heart of downtown.

Type:RETAIL

Property size:

7,078 SF

Lot size:

0.32 Acres

Price / SF:

$183/SF

HighLights

7,078 SF commercial condo ideal for restaurant, bar, or event space
Includes all furniture, fixtures, and equipment
Can accommodate 180 patrons with an open kitchen area
Full basement for food storage, coolers, and utilities
Interior mezzanine level accessible by elevator for additional seating
Located in the heart of Downtown St. Louis' Central Business District at Olive and 10th Street

We can help!

Listing Contact

Benjamin R Cherry

Learn more

For Sale

Contact for pricing

7,078 SF commercial condo in the heart of downtown.

Type:RETAIL

Property size:

7,078 SF

Lot size:

0.32 Acres

Price / SF:

$183/SF

Added:: Sep 15, 2023
Days on Market:: 1004
Last Refresh:: May 19 at 10:26 pm

Property Features for 918-920 Olive St St.

General Information

Standard status: Active
Size: 7,078 SF
Lot size: 0.32 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Benjamin R Cherry

Listing agent Benjamin R Cherry

Listing office Manor Real Estate

Listing date Sep 15, 2023

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Manor Real Estate

HighLights

7,078 SF commercial condo ideal for restaurant, bar, or event space
Includes all furniture, fixtures, and equipment
Can accommodate 180 patrons with an open kitchen area
Full basement for food storage, coolers, and utilities
Interior mezzanine level accessible by elevator for additional seating
Located in the heart of Downtown St. Louis' Central Business District at Olive and 10th Street

Overview

A 7,078 square foot commercial first-floor condo is available for sale in the Bell Lofts Building. The condo is configured for a restaurant, bar, or event space, and can accommodate 180 patrons. It features an interior mezzanine level, accessible by elevator, for additional seating, as well as an open kitchen area. A full basement provides space for food storage, coolers, and utilities. All furniture, fixtures, and equipment are included. The Bell Lofts, which features 24 residential condos, is located at the intersection of Olive and 10th Street in the heart of Downtown St. Louis' Central Business District and is on the National Registry of Historic Places.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$158.0k	$22.32
− Vacancy	−$22.0k	−$3.10
EGI	$136.0k	$19.22
− OpEx	−$40.8k	−$5.77
NOI	$95.2k	$13.45

7,078 SF · lease $22.32/SF/yr · vacancy 13.90% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.36M

$1.19M – $1.59M (±1% cap)

NOI $95,215 @ 7.0% cap · market cap 7.32%

Second Best

Specialty Retail

$434.5K

$380.2K – $507.0K (±1% cap)

NOI $30,418 @ 7.0% cap · market cap 2.34%

Theoretical Best

Office A

$1.52M

$1.33M – $1.77M (±1% cap)

NOI $106,334 @ 7.0% cap · market cap 8.18%

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

Location Intelligence

Current Use by Public Records

Bars & Pubs

Similar Places Nearby

Xxtreme Flavors — 4504 Westminster Pl, 4500 Athlone Ave, St. Louis, MO 63108
Seoul Fusion Catering — 4366 Maryland Ave, St. Louis, MO 63108
Nix Red Catering — 408 N Sarah St, St. Louis, MO 63108
The Del'istro — 408 N Sarah St, St. Louis, MO 63108
Pricise Dining — 408 N Sarah St, St. Louis, MO 63108

Map

City: Louis
County: St. Louis
State: Missouri
Longitude: -90.1928
Latitude: 38.6305

Nearby Similar for Sale

$699,500

10,500 SF

Industrial Metal Fabrication Warehouse

Industrial warehouse with overhead crane and small front office, plus a side lot included in the sale.

2600 N 9th Street, St Louis, MO 63102

View Details
$200,000

2,380 SF

Versatile Commercial Space in St. Louis

2,380 sqft commercial space with high ceilings and great location.

2605 N 20th Street, St Louis, MO 63106

View Details
$765,000

7,680 SF

Renovated Mixed-Use Historic Building

Renovated mixed-use building with renovated commercial space, upstairs apartments, and a 20-space concrete parking lot.

7714 S Broadway, St Louis, MO 63111

View Details
$699,000

8,202 SF

Downtown St. Louis Venue For Sale

Prominent downtown St. Louis Blues & Jazz venue now available!

700 S Broadway, St Louis, MO 63102

View Details
$750,000

17,923 SF

Historic Entertainment Venue Redevelopment

Large entertainment building steps from Saint Louis University, offering redevelopment options for dining, nightlife, or mixed-use concepts.

3914 Lindell Boulevard, St Louis, MO 63108

View Details
$1,450,000

7,400 SF

Office/Warehouse Building on Busy Intersection

7,400 SF office/warehouse on 0.55 acres near major interstates.

6062 Lemay Ferry Road, St Louis, MO 63129

View Details
$427,000

2,944 SF

Freestanding Restaurant Building with Drive-Thru

Freestanding restaurant building features a drive-thru window, commercial kitchen, and dedicated seating, currently leased to a donut operation.

8500 Morganford Road, St Louis, MO 63123

View Details
$900,000

13,708 SF

Warehouse with Autobody Improvements

Warehouse with painting bay, 12-foot ceilings, three drive-in doors, and office space, offered in as-is condition.

4561 Delmar Boulevard, St Louis, MO 63108

View Details
$199,900

3,240 SF

Retail Opportunity in St Louis

Retail property with redevelopment potential in a busy location.

8304 N Broadway, St Louis, MO 63147

View Details
$899,000

6,400 SF

Mixed-Use Property on The Hill

6,400 SF mixed-use property in St. Louis's vibrant The Hill neighborhood.

4916 Shaw Avenue, St Louis, MO 63110

View Details
$275,000

3,600 SF

Strip Center with Three Vacant Units

Three vacant retail bays in a small strip center with dedicated parking, ready for an owner-operator or custom tenant buildout.

5023 Goodfellow Boulevard, St Louis, MO 63136

View Details
$750,000

12,528 SF

Downtown St. Louis Commercial Condo

7,078 SF commercial condo in the heart of downtown.

920 Olive Street, St Louis, MO 63101

View Details

For sale
Restaurants
MO
Saint Louis
918-920 Olive St St.

What type of property is this?

Restaurant - 7,078 SF commercial condo in the heart of downtown.

Where is this restaurant located?

The property is located at 918-920 Olive 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: 7,078 SF commercial condo ideal for restaurant, bar, or event space; Includes all furniture, fixtures, and equipment; Can accommodate 180 patrons with an open kitchen area

918-920 Olive St St., Louis, MO

7,078 SF commercial condo in the heart of downtown.

Property Features for 918-920 Olive St St.

General Information

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Similar Places Nearby

Map

Nearby Similar for Sale

Industrial Metal Fabrication Warehouse

Versatile Commercial Space in St. Louis

Renovated Mixed-Use Historic Building

Downtown St. Louis Venue For Sale

Historic Entertainment Venue Redevelopment

Office/Warehouse Building on Busy Intersection

Freestanding Restaurant Building with Drive-Thru

Warehouse with Autobody Improvements

Retail Opportunity in St Louis

Mixed-Use Property on The Hill

Strip Center with Three Vacant Units

Downtown St. Louis Commercial Condo

FAQs

Create New Password