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    720 1St St St. Louis, MO 63102

    Sponsored
    For Lease
    $6 SF/Yr ($9,563 /Mo)

    Prime Downtown St. Louis Bar, Two Spaces Available

    Lot size:
    17,078 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional turnkey bar opportunity in the vibrant Laclede's Landing district of St. Louis, Missouri. This 17,078 square foot multi-tenant property at 720 N 1st St (cross street: Morgan St.), zoned L - Jefferson Memorial District, offers two available spaces ranging from 6,188 to 7,260 square feet. Currently, 13,448 square feet are vacant. The property boasts a unique design, featuring two bars on each level with extensive counter space. A lower-level open "stage" area provides entertainment for patrons seated at the lower bar or on the mezzanine level, enjoying drinks from the second bar. A private seating area and DJ booth are also included. The space offers two street-level entrances for convenient access. Two walk-in coolers and two bathrooms are located on the lower level. This high-traffic location within the Downtown, Laclede's Landing, Tourist submarket presents a remarkable chance to establish or expand a thriving bar business. The property's intimate, classy, and experiential atmosphere creates a memorable setting for patrons. This is a rare opportunity to acquire a well-designed, established space in a prime location. The property's size and layout offer significant flexibility for a variety of uses within the bar and entertainment industry. The zip code is 63102.

    Property Features for 720 1St St

    General Information

    Property type
    Wedding venues
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,078 SF
    Total Rate
    9563.68

    Unit(s) available at that property

    Space
    Lower Level Bar/Venue
    Size
    6,188 SF
    Rate per SF
    $6
    Space
    Two story restaurant + bar
    Size
    7,260 SF
    Rate per SF
    $9

    HighLights

    • Excellent condition.
    • Street‑level access.
    • Walk‑in refrigeration units.
    • Prime location in the thriving Laclede's Landing district.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wedding venues

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Clothing 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
    -90.183233230192
    Latitude
    38.630411701349

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    FAQs

    What type of property is this?
    Wedding venue - Prime Downtown St. Louis Bar, Two Spaces Available
    Where is this wedding venue located?
    The property is located at 720 1St St St. Louis, MO.
    What is the lease rate?
    The lease rate is $6-$9 SF/Yr.
    What are key features of this property?
    This property features: Excellent condition.; Street-level access.; Walk-in refrigeration units.
    Request Owner's contact information
    720 1St 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
    720 1St St St. Louis, MO 63102
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