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3535 S Jefferson Ave 486,942 SF Health Care Building Offered For Sale in Saint Louis, MO 63118
Investment Highlights
- Located in an Opportunity Zone and eligible for State and Federal Historic Tax Credits
- Includes six industrial lots and one multifamily lot as part of the assemblage
- Excellent access to major highways: I-55 (1 mile), I-44 (1.6 miles), and I-64 (2.6 miles)
- Three main buildings: hospital, medical offices, and nursing school
- Extensive parking with three surface lots and two levels of underground parking
- Positioned for adaptive reuse or large-scale mixed-use redevelopment
Executive Summary
This historic medical campus at 3501 South Jefferson Avenue represents one of the most significant redevelopment opportunities in the St. Louis urban core. Spanning approximately 9 acres and featuring nearly 500,000 square feet of gross building area, the site is perfectly positioned for a high-impact adaptive reuse or mixed-use project.
The project's potential extends beyond the existing medical buildings to include a diverse assemblage of townhouses, condominiums, multifamily lots, and vacant industrial lots, offering a versatile canvas for adaptive reuse or ground-up expansion. Because the property is eligible for both state and federal Historic Tax Credits, it is uniquely positioned for a large-scale, financially viable transformation into a flagship mixed-use destination. This expansive urban site offers a rare chance to revitalize a significant portion of the St. Louis City landscape through high-impact redevelopment.
The project's potential extends beyond the existing medical buildings to include a diverse assemblage of townhouses, condominiums, multifamily lots, and vacant industrial lots, offering a versatile canvas for adaptive reuse or ground-up expansion. Because the property is eligible for both state and federal Historic Tax Credits, it is uniquely positioned for a large-scale, financially viable transformation into a flagship mixed-use destination. This expansive urban site offers a rare chance to revitalize a significant portion of the St. Louis City landscape through high-impact redevelopment.
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Property Facts
| Sale Type | Investment or Owner User | Building Size | 486,942 SF |
| Sale Condition | Redevelopment Project | No. Beds | 750 |
| Property Type | Health Care | No. Stories | 7 |
| Building Class | C | Year Built | 1966 |
| Lot Size | 8.84 AC | ||
| Zoning | G, J, B | ||
| Sale Type | Investment or Owner User |
| Sale Condition | Redevelopment Project |
| Property Type | Health Care |
| Building Class | C |
| Lot Size | 8.84 AC |
| Building Size | 486,942 SF |
| No. Beds | 750 |
| No. Stories | 7 |
| Year Built | 1966 |
| Zoning | G, J, B |
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Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 1563-00-0075-0 | Improvements Assessment | $11,800 |
| Land Assessment | $11,800 | Total Assessment | $23,600 |
Property Taxes
Parcel Number
1563-00-0075-0
Land Assessment
$11,800
Improvements Assessment
$11,800
Total Assessment
$23,600
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3535 S Jefferson Ave
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