Property profile

212 Morgan St St St. Louis, MO 63102

OFF-MARKET
Retail properties & Spaces
7,712 SF 0.45 ac lot Built 1905
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Property summary

AI-generated overview

This exceptional three-story, 7,712 square foot retail building, located at 212 Morgan St, St. Louis, MO 63102, presents a unique investment opportunity in the vibrant Laclede's Landing district. Built in 1905 and extensively renovated in 2022, this Class C property offers four available retail spaces ranging from 1,100 to 2,400 square feet, with a total of 6,120 square feet currently vacant. The building sits on a 0.45-acre lot (APN: 0067-00-0061-0) and is zoned L (Jefferson Memorial District). Its prime location offers unparalleled visibility and accessibility, situated adjacent to the iconic St. Louis Arch Grounds and just a block from the Horseshoe Casino. The property benefits from its proximity to the Mississippi Riverfront and the ongoing revitalization of the Laclede's Landing area, including several large multi-family redevelopment projects. The upper floors are currently being converted into high-end loft apartments, creating a dynamic mixed-use environment. This property is ideal for a variety of retail concepts seeking a prominent location within a rapidly growing and historically significant neighborhood. The building features one structure with three stories.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1905
Total area 7,712 SF
Lot 0.45 ac (19,602 SF)

Cap rate & NOI

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

Location

212 Morgan St St St. Louis, MO 63102
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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