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1015-1023 Locust St
Saint Louis, MO 63101 Convention Center

Price Upon Request

Office For Sale  •  350,292 SF

Property Details

  • Property Type Office
  • Total Building Size 350,292 SF
  • Lot Size 0.64 AC
  • Building Class B
  • Year Built 1921
  • Tenancy Multiple
  • Zoning I
70 Transit Score
90 Walk Score

Highlights

Offered at an extremely attractive basis w/ significant in-place NOI
Assumable debt for qualified purchasers at a 5.39% interest rate (contact brokers for details)
Located in an Opportunity Zone; potential for Federal and MO Historic Tax Credits
Top stack of building can be vacant by Q1 2028 for redevelopment
Strong in-place cash flow from long-term data center lease on lower floors (3rd floor + portion of 5th floor)
Ability to expand data center use - 10 MW of capacity; currently only using 1 MW. Room generators and HVAC/Cooling.

Amenities

  • Banking
  • Controlled Access
  • Conferencing Facility
  • Dry Cleaner
  • Food Service
  • Property Manager on Site
  • Security System
  • Reception
  • Air Conditioning
  • Backup Power / Generators

Public Transportation

Commuter RailDriveWalkDistance
8Th And Pine (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink), Shrewsbury-Lansdowne I-44 Emerson Park - St. Louis MetroLink (MetroLink)) 1 min 6 min 0.3 mi
Convention Center (Lambert Airport Shiloh-Scott - St. Louis MetroLink (MetroLink), Shrewsbury-Lansdowne I-44 Emerson Park - St. Louis MetroLink (MetroLink)) 0 min 7 min 0.4 mi
AirportDriveWalkDistance
St Louis Lambert International 22 min - 14.5 mi
Scott AFB/Midamerica St Louis 38 min - 24.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 170
Type: Covered
Included in Rent: Yes
Garen Lafser 314-451-7471 Salient Realty Group LLC
Garen Lafser 314-451-7471 Salient Realty Group LLC