212 Morgan St St, St. Louis, MO 63102
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.