Property summary
This exceptional 12,528-square-foot commercial condo, located at 920 Olive Street in St. Louis, Missouri (zip code 63101), presents a unique investment opportunity. Priced at $1,300,000 ($104 per square foot), this vacant, ground-floor space within the historic Bell Lofts building is perfectly suited for a restaurant, bar, or event venue. Built in 1920 and renovated in 2005, the two-story condo boasts an open kitchen area, a full basement for storage and utilities, and a mezzanine level accessible by elevator, providing additional seating capacity for a total of 180 patrons. All existing furniture, fixtures, and equipment are included in the sale. The property is zoned I - Central Business District and features one building with one unit. Its prime location at the intersection of Olive and 10th Street places it in the heart of downtown St. Louis's vibrant Central Business District, surrounded by the activity of 24 residential lofts within the same building, which is listed on the National Registry of Historic Places. The property's APN is 0274-00-0015-0. This is a triple net (NNN) lease opportunity. This turnkey operation offers immediate potential for a thriving business.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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