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    717 16Th St St. Louis, MO 63103

    For Lease
    $7 SF/Yr ($14,000 /Mo)

    Prime location, flexible suites, city views

    Lot size:
    24,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional two-story, 24,000 square foot commercial building offers a variety of office spaces, perfect for businesses of all sizes. Originally constructed in 2001 for the Social Security Administration, and renovated in 2014, the building boasts a prime location directly across from the iconic City Museum in Saint Louis, MO. Currently, there are ten suites available, ranging from a minimum of 800 square feet to a maximum contiguous space of 12,000 square feet. The building is zoned for commercial use and features elevator access for convenient multi-floor access. A significant portion of the first floor is currently occupied by the Social Security Administration, while a 2,500 square foot space with its own entrance is available on the first floor. Additionally, a substantial 12,500 square foot space is available on the second floor, offering expansive opportunities. The owner is willing to subdivide spaces to accommodate specific tenant needs. The building is exceptionally well-maintained, benefiting from a dedicated on-site owner and maintenance staff. Secure, gated parking is also available for lease adjacent to the building, providing added convenience and security for tenants. This is a rare opportunity to secure high-quality office space in a vibrant, central location.

    Property Features for 717 16Th St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,000 SF
    Total Rate
    14000

    Building Details

    Year Renovated
    2014
    Stories
    2

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    15,000 SF
    Rate per SF
    $9

    HighLights

    • 24,000 SF multi‑tenant office building with flexible space options.
    • Spaces range from 800 SF to 12,000 SF contiguous.
    • Renovated in 2014, featuring two stories and elevator access.
    • Located across from the City Museum in Saint Louis, MO.
    • On‑site parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Social Security Administration Social Security Office

    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
    -90.2018289
    Latitude
    38.6342117

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    FAQs

    What type of property is this?
    Restaurant - Prime location, flexible suites, city views
    Where is this restaurant located?
    The property is located at 717 16Th St St. Louis, MO.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 24,000 SF multi-tenant office building with flexible space options.; Spaces range from 800 SF to 12,000 SF contiguous.; Renovated in 2014, featuring two stories and elevator access.
    Request Owner's contact information
    717 16Th St St. Louis, MO 63103
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    St. Louis, MO 63103
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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
    717 16Th St St. Louis, MO 63103
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