1600-1608 Menard St St St. Louis, MO 63104
This exceptional 9,302 square foot mixed-use building, located at 1600-1608 Menard Street in St. Louis, Missouri, presents a rare investment opportunity. Built in 1894, this one-building property sits on a 0.174-acre lot and boasts a convenient location with easy access to Highways 70, 40, 44, and 55. The property features nine off-street parking spaces and is zoned for mixed-use multi-family commercial development. The asking price is $800,000, translating to a land value of $91 per square foot. The building itself is well-maintained, featuring a newer roof, tuckpointing, and updated systems. Multiple staircases allow for separate entrances and potential income streams from each floor. The property includes private fenced outdoor space and decks, offering stunning views of the Gateway Arch and the downtown St. Louis skyline. This unique space offers endless possibilities, from a live-work opportunity to a multi-tenant commercial venture. Its impressive size, prime location, and versatile zoning make it an ideal investment for discerning buyers seeking a truly exceptional property in the heart of St. Louis. The APN is 0392-05-0051-0 and the zip code is 63104. This is a remarkable opportunity to acquire a piece of St. Louis history with significant upside potential.
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.
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Risks
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