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724-750 Locust St
Saint Louis, MO 63101
Retail Property For Sale
Investment Highlights
- Hard Corner in Heart of CBD
- Full Floor available with windows lining 3 sides
- New Roof in 2023
Executive Summary
Located on the hard corner of 8th and Locust in Downtown St. Louis, this building has been gut rehabbed and is a prime opportunity for an owner/user to occupy the 2nd floor with a stabilized restauranteur occupying the first floor. Each floor is approximately 2,214 SQ FT and feature large windows, two restrooms, private entries, and many new systems throughout. The building also received a new EPDM roof in February 2023.
The first floor restaurant lease has 9+ years left. The second floor office can be vacated upon close or leased back.
The first floor restaurant lease has 9+ years left. The second floor office can be vacated upon close or leased back.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
4,428 SF
Building Class
C
Year Built
1892
Price
$699,000
Price Per SF
$157.86
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.69
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
I - I - Central Business District
Parking
10 Spaces (2.26 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
Property Taxes
| Parcel Number | 0181-00-0020-0 | Improvements Assessment | $20,700 |
| Land Assessment | $56,400 | Total Assessment | $77,100 |
Property Taxes
Parcel Number
0181-00-0020-0
Land Assessment
$56,400
Improvements Assessment
$20,700
Total Assessment
$77,100
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