1909 Locust St St St. Louis, MO 63103
- Retail properties
- 8,680 SF
Current Use by Public Records
- Retail properties
Property Details for 1909 Locust St St
- Year built
- 1945
- Property size
- 8,680 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.2071
- Latitude
- 38.633
