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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1909 Locust St St St. Louis, MO 63103

8,680 SF Built 1945
Property ID
Property summary
AI-generated overview

This vacant, 8,680-square-foot storefront at 1909 Locust St in St. Louis, MO, presents a compelling redevelopment opportunity. Located in the thriving Downtown West/Midtown neighborhood, this property is ideally situated steps from the new MLS stadium and numerous other ongoing developments. The building, constructed in 1945, features two stories and a full basement with good ceiling heights, offering versatile space for creative office use, retail, restaurant, or event space. The second floor boasts clerestory skylights, providing abundant natural light. The property is zoned I and is available for sale at $499,000 ($57.49/sq ft). The net rentable area is 5,250 square feet. The building is classified as Class C and is offered as an owner/user investment with a NNN lease type. The property has been completely gutted, providing a blank canvas for your vision. This is a rare chance to capitalize on the rapid growth of this highly desirable area. Act quickly, as opportunities like this are quickly snatched up. The property consists of one building with two units. The occupancy date is February 11, 2021.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1945
Total area 8,680 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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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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