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913 Locust St
Saint Louis, MO 63101 Convention Center

$799,000

Loft Creative Space For Sale  •  7,593 Sq Ft

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 7,593 Sq Ft
  • Lot Size 0.06 ac
  • Building Class C
  • Year Built 1900
  • Cap Rate 14.14 %
  • Tenancy Multiple
  • Zoning commercial
71 Transit Score
97 Walk Score

Description

Prime Investment Rehab Project located in the highly sought after portion of the Opportunity Zone. A tenant has signed a lease commencing early next year contingent upon getting a business license. Seller is motivated and will consider Seller Financing. Earnest money nonrefundable.

Highlights

Located across the street from a Culinaria Grocery Store
Blocks from the Cardinals Baseball Stadium and New Ballpark Village
Eligible for Opportunity Zone Tax Incentives
Sold at an 11.59% Cap Rate on Newly Signed Lease

Property Flyers

Financial Summary

Cap Rate: 14.14 %

Public Transportation

Transit/SubwayDriveWalkDistance
8th And Pine Transit Stop (Lambert Airport Shiloh-Scott, Shrewsbury-Lansdowne I-44 Emerson Park) 2 min 5 min 0.2 mi
Convention Center Transit Stop (Lambert Airport Shiloh-Scott, Shrewsbury-Lansdowne I-44 Emerson Park) 1 min 6 min 0.3 mi
Stadium Transit Stop (Lambert Airport Shiloh-Scott, Shrewsbury-Lansdowne I-44 Emerson Park) 2 min 11 min 0.5 mi
Arch-Laclede's Landing Transit Stop (Lambert Airport Shiloh-Scott, Shrewsbury-Lansdowne I-44 Emerson Park) 2 min 12 min 0.6 mi
Civic Center Transit Stop (Lambert Airport Shiloh-Scott, Shrewsbury-Lansdowne I-44 Emerson Park) 3 min 16 min 0.8 mi
AirportDriveWalkDistance
Lambert-St. Louis International Airport 24 min - 14.6 mi

Parking Details

Parking Available: No
Reserved: No
Type: Covered
Included in Rent: Yes
Ben Riley 314-809-8541 Riley & James - Real Estate Services
Ben Riley 314-809-8541 Riley & James - Real Estate Services