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Property profile & analytics
OFF-MARKET
Specialty properties

3207 Washington Ave St St. Louis, MO 63103

30,865 SF 1.24 ac lot
Property ID
Property summary
AI-generated overview

This exceptional St. Louis investment opportunity encompasses a rare assemblage of two buildings totaling 30,865 square feet situated in the vibrant Grand Arts District. The portfolio includes a 5,885 square foot historic office building (3201 Washington Ave) featuring a lower level office, first and second-floor executive offices, an unfinished third floor, and a private rear patio with bar, all situated on 0.11 acres. Also included is a 24,980 square foot event venue (The Barnett) and office property (3207 Washington Ave) on 0.43 acres, boasting a two-story event space, prep kitchen, cigar lounge, and outdoor patio, along with lower-level and second-floor executive offices. The sale also includes 68 parking spaces across two separate lots (3201 and 3206-3210 Samuel Shepard Drive) totaling 0.7 acres, all fenced, access-controlled, and lighted. Both properties underwent extensive gut renovations between 2010 and 2012. This owner/user investment presents a unique opportunity in a high-density urban area with abundant parking. The asking price is $3,990,000, with a price per square foot of $129.27. The property consists of two buildings, each two stories, situated on a 1.24-acre lot. Potential for partial sale-leaseback exists.

Property profile
Verified
Property type Specialty properties
Total area 30,865 SF
Lot 1.24 ac (54,014 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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