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2801 Locust Street

St Louis, MO 63103
  • $3,700,000
  • STATUS: Active
  • ON SITE: 16 Days
  • ID#: 22037720
UPDATED: 32 min ago
$3,700,000
  • 0
    BEDS
  • 1.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 42,000
    SQFT
  • $88
    $/SQFT
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Description

The historic Oakland building on Locust street has three fully rehabbed floors ready for retail and office in the much desired Midtown neighborhood. The first, second, and fourth floors are all 10,500 sf and ready for your business or retail operation to occupy. The third floor has a ceiling sprinkling system installed and is ready to be renovated into a plethora of opportunities. There are 12 underground parking spaces and an adjacent paved lot that has 14 spaces. This is an excellent investment piece that also has ready to use space to generate income right away. The property falls in between major academic institutions, Wells Fargo Advisors campus, the new NGA development, and the MLS stadium. This location and value cannot be matched. With the purchase of the property, also comes the opportunity to also acquire a neighboring surface lot that can hold up to 60 parking spaces.

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Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-06-27T06:39:48.327.

Clarity Street Realty: 314-963-7300
www.claritystreetrealty.com/homes/129720876
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2801 Locust Street St Louis, MO 63103

  • Price: $3,700,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 32 min ago
  • ID#: 22037720
0
Beds
0
Baths
0
½ Baths
1.5
Acres
42,000
SQFT
$88
$/SQFT
1920
Built
County:
St Louis City
Area:
Central East
Property Description
The historic Oakland building on Locust street has three fully rehabbed floors ready for retail and office in the much desired Midtown neighborhood. The first, second, and fourth floors are all 10,500 sf and ready for your business or retail operation to occupy. The third floor has a ceiling sprinkling system installed and is ready to be renovated into a plethora of opportunities. There are 12 underground parking spaces and an adjacent paved lot that has 14 spaces. This is an excellent investment piece that also has ready to use space to generate income right away. The property falls in between major academic institutions, Wells Fargo Advisors campus, the new NGA development, and the MLS stadium. This location and value cannot be matched. With the purchase of the property, also comes the opportunity to also acquire a neighboring surface lot that can hold up to 60 parking spaces.
Exterior Features

Attached Garage YN No Lot Size Source Owner Parking Features AsphaltUnderground Parking Total 26 Road Frontage Type AlleyCity Street Unit Location CityHigh Traffic

Interior Features

Above Grade Finished Area Source Owner Building Square Footage 42000.00 Cooling Electric Heating Forced Air Heating YN Yes

Property Features

Association St. Louis Association Of Realtors Business Name Neo On Locust Commercial Type Office LandRetail Current Use Three Stories Or MoreMixed UseRestaurantStore FrontOfficeMeeting HallRetail Disclosures UnknownSellers Discl. Avail Electric Ameren Inclusions Building & Land Net Operating Income 0 Possible Use Place Of WorshipRestaurantMeeting HallOfficeOffice ShowroomResidentialRetailSchool Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 43561 Tax Year 2021 Transaction Type Sale Utilities Cable AvailableElectricity AvailableGas To SiteWater AvailableSewer Available Water Source Public Zoning H-Area Commercial

Listing provided courtesy of Tower Real Estate Group. Listing information © 2022 Mid America Regional Information Systems, Inc.
Listing information © 2022 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2022-06-27T06:39:48.327.

Clarity Street Realty: 314-963-7300
 
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Clarity Street Realty
1712 S. Big Bend Blvd
St. Louis MO, 63117