Property profile

920 Olive St St St. Louis, MO 63101

OFF-MARKET
Retail properties & Spaces
12,528 SF Built 1920
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Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Year built 1920
Total area 12,528 SF

Cap rate & NOI

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

Location

920 Olive St St St. Louis, MO 63101
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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