Property profile

2865 Mcnair Ave St St. Louis, MO 63118

OFF-MARKET
Specialty properties
6,551 SF
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Property summary

AI-generated overview

This exceptional 6,551 square foot, two-story building in St. Louis's vibrant Benton Park neighborhood presents a unique opportunity for a variety of commercial uses. Originally designed as a multi-purpose space, it boasts a flexible layout ideal for offices, coworking, creative studios, medical practices, or even a small school or event venue. The first floor offers 3,315 square feet, including a central hallway, small kitchen, three bathrooms, and five private rooms (some divisible). Zoned heating and cooling ensures comfort. The second floor encompasses 3,236 square feet, featuring a large open area (1,625 sq ft) with a cathedral ceiling, perfect for events or collaborative work. This floor also includes several smaller rooms and a potential "service area." The building sits on an 11,349 square foot lot with 16 dedicated parking spaces. Its location near Anheuser-Busch and major interstates (55, 44, 64/40, and I-70) provides excellent accessibility. The property is zoned F (Neighborhood Commercial). The building is currently available for lease at $10.00 per square foot, NNN, with a 2-5 year lease term. The landlord is open to negotiating lease terms, including potential subleasing options and building upgrades such as parking lot improvements or an upstairs bathroom renovation. This is a single-tenant facility, offering a unique blend of space and location. The APN is 1418-00-0470-0.

Property profile

Verified
Property type Specialty properties
Total area 6,551 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2865 Mcnair Ave St St. Louis, MO 63118
St. Louis metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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