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5951 Delmar Blvd 15,750 SF Retail Building Saint Louis, MO 63112 $1,500,000 ($95.24/SF)
Investment Highlights
- 0.72-acre lot ideal for redevelopment
- One-mile to Washington University in St. Louis
- Strong one-mile demographics: $106,256 Average Household Income, $398,827 Average Home Value
- Currently occupied by one tenant, offering stability and potential for adaptive reuse
- Prime for multifamily, hotel, senior living, or mixed-use space redevelopment
- Located in the heart of the Delmar Loop and adjacent to Forest Park and the Central West End
Executive Summary
CBRE, as the exclusive investment advisor and broker, is delighted to present 5951 & 5959 Delmar Boulevard (the “Property”), for sale. This single-tenant property, located in the vibrant Delmar Loop, and features one 15,750 sq. ft. building. Currently, the property is occupied by one tenant, St. Louis ArtWorks, with a lease extending through 2028 with one remaining three-year renewal option.
With 0.72 acres available, 5951 & 5959 Delmar Blvd. is ideally suited for an investment property or multifamily, hotel, senior living, or mixed-use space redevelopment.
5951 & 5959 Delmar Blvd. boasts an exceptional location in the Delmar Loop, just east of Skinker Blvd. on Delmar Blvd. and one mile from Washington University of St. Louis (Wash U). This lively entertainment district is renowned for its eclectic blend of live music, dining, shopping, and activities.
With 0.72 acres available, 5951 & 5959 Delmar Blvd. is ideally suited for an investment property or multifamily, hotel, senior living, or mixed-use space redevelopment.
5951 & 5959 Delmar Blvd. boasts an exceptional location in the Delmar Loop, just east of Skinker Blvd. on Delmar Blvd. and one mile from Washington University of St. Louis (Wash U). This lively entertainment district is renowned for its eclectic blend of live music, dining, shopping, and activities.
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Property Facts
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
15,750 SF
Building Class
C
Year Built
1933
Price
$1,500,000
Price Per SF
$95.24
Tenancy
Single
Building Height
1 Story
Building FAR
0.50
Lot Size
0.72 AC
Zoning
C - Commercial
Parking
70 Spaces (3.89 Spaces per 1,000 SF Leased)
Frontage
99’ on Delmar Blvd
Amenities
- Signage
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $128,100 | |
| Land Assessment | $80,600 | Total Assessment | $208,700 |
Property Taxes
Parcel Numbers
Land Assessment
$80,600
Improvements Assessment
$128,100
Total Assessment
$208,700
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5951 Delmar Blvd
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