1419 Carroll St St St. Louis, MO 63104
This exceptional investment opportunity presents a fully leased, three-story retail/office building totaling 21,310 square feet, situated on a 1.38-acre lot in St. Louis, Missouri's desirable Lafayette Square neighborhood. The property, known as "The Bellwether," boasts a rich history, originally constructed in 1903 and extensively renovated in 2015. Currently operating at 100% occupancy, the building features a multi-tenant configuration with established businesses, Climb So iLL and The Bellwether restaurant, as primary tenants. The property is zoned H- Area Commercial and offers a compelling stabilized investment opportunity for an owner/user. The asking price is $3,295,000, translating to $154.62 per square foot. The lease type is NNN. Detailed financial information is available upon request. This meticulously restored landmark building presents a rare chance to acquire a high-performing asset in a vibrant and sought-after location. The property's historical significance, combined with its modern amenities and strong tenant occupancy, makes it an ideal investment for discerning buyers seeking a stable and appreciating asset.
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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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.