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    2345 Lafayette Ave St St. Louis, MO 63104

    For Sale
    Contact for pricing

    60,000 SF Mixed-Use, Prime Location

    Property size:
    60,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 60,000-square-foot mixed-use building presents a rare redevelopment opportunity in St. Louis' prestigious Lafayette Square neighborhood. Situated on a 1.2-acre lot at the hard corner of Jefferson and Lafayette Avenues, this property boasts unparalleled visibility and accessibility. Its strategic location offers immediate proximity to the recently completed $25 million, 2200 LaSalle apartment project, further enhancing its investment potential. The building itself is structurally sound, featuring a flat roof replaced in 2009. Benefiting from excellent access to I-44 and Jefferson Boulevard, this site is just five minutes from Downtown St. Louis, ten minutes from the Central West End, and twenty minutes from Lambert International Airport. As part of St. Louis' oldest national historic district, known for its stunning Victorian architecture and 30-acre park, this property offers a unique blend of historical charm and modern development potential. This is one of the few remaining development opportunities within this highly sought-after urban neighborhood, making it an exceptional investment prospect. The property's size and location provide significant flexibility for a variety of redevelopment projects.

    Property Features for 2345 Lafayette Ave St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    60,000 SF

    HighLights

    • 60,000 SF mixed‑use redevelopment opportunity in St. Louis, MO.
    • Located on a 1.2‑acre site at the hard corner of Jefferson & Lafayette Aves.
    • One of the last remaining development sites in the highly desirable Lafayette Square neighborhood.
    • Adjacent to a recently completed $25 million apartment development.
    • Excellent visibility and access via I‑44 and Jefferson Blvd.
    • Building is structurally sound with a 2009 flat roof replacement.
    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
    St. Louis
    State
    Missouri
    Longitude
    -90.2201085
    Latitude
    38.6149766

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    FAQs

    What type of property is this?
    Mixed-use property - 60,000 SF Mixed-Use, Prime Location
    Where is this mixed-use property located?
    The property is located at 2345 Lafayette Ave St St. Louis, MO.
    What are key features of this property?
    This property features: 60,000 SF mixed-use redevelopment opportunity in St. Louis, MO.; Located on a 1.2-acre site at the hard corner of Jefferson & Lafayette Aves.; One of the last remaining development sites in the highly desirable Lafayette Square neighborhood.
    Request Owner's contact information
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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
    2345 Lafayette Ave St St. Louis, MO 63104
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