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5 S Newstead Ave 520 SF 100% Leased Office Building Saint Louis, MO 63108 $675 ($1.30/SF)
Executive Summary
Located at the iconic corner of Laclede Avenue and South Newstead in the heart of the Central West End, this historically significant mixed-use property offers a rare opportunity for investors or owner-occupants seeking flexibility and long-term upside. Constructed in 1905, the building features a striking turret, prominent corner presence, and four fully finished floors totaling approximately 7,520 square feet. The ground floor and lower level have been previously renovated and were occupied by a professional office for over 25 years, offering immediate usability for commercial or office space. The second floor consists of a full-floor office suite with multiple private rooms, restrooms, kitchenette, and access to a secluded outdoor balcony, while the third floor is a full-floor two-bedroom, two-bath residential apartment highlighted by soaring ceilings, dramatic staircases, abundant natural light, and a signature turret room. The property is walkable to Euclid Avenue dining, Forest Park, the Barnes-Jewish and WashU medical campuses, and the Cortex Innovation Community, placing it within a strong residential and commercial demand corridor. The building is eligible for Federal and Missouri Historic Tax Credits and offers flexible use potential including office, live-work, residential conversion, or mixed-use redevelopment, making it a compelling opportunity in one of St. Louis’ most desirable neighborhoods. There are also three commercial spaces on S. Newstead adjacent to the property that can be purchased together, or separately. Please inquire for more information.
Property Facts
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Office
Building Size
520 SF
Building Class
C
Year Built
1905
Price
$675.00
Price Per SF
$1.30
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
520 SF
Building FAR
0.09
Lot Size
0.13 AC
Zoning
F - Neighborhood Commercial
Parking
1 Spaces (1.92 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (75)
Property Taxes
| Parcel Number | 3902-00-0295-7 | Improvements Assessment | $251,840 |
| Land Assessment | $26,140 | Total Assessment | $277,980 |
Property Taxes
Parcel Number
3902-00-0295-7
Land Assessment
$26,140
Improvements Assessment
$251,840
Total Assessment
$277,980
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5 S Newstead Ave
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