2801 Locust Street, St Louis, MO 63103

$3,200,000
List Price
$3,200,000
Price Change
▼ $500,000 1658783297
Days on Market
161
MLS#
MAR22037720
Status
ACTIVE
Lot Size
65,340
Sq. Ft. Above
42,000
Acres
1.50
Subdivision
NA
Municipality
St. Louis City
County
St Louis City
Year Built
1920
Listing Type
Commercial

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.

Additional Information

Parking Description
Asphalt, Underground
Cooling
Electric
Sewer
Public Sewer
Heating
Forced Air
Water
Public
Price Per Sq. Ft
76.19
Taxes Paid
43561
Selling Terms
Cash Only, Conventional
Buyers Agent Commission
3

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Calculator source: Real Geeks

Listing courtesy of Tower Real Estate Group.

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