3201 Locust St - Apartments FOR SALE


Saint Louis, MO 63103- Grand Center
$700,000 USD
314-647-6611
3201 Locust St, Saint Louis, MO for Sale
$700,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

3201 Locust St
Saint Louis, MO 63103
Grand Center


HIGHLIGHTS

  • Redevelopment Opportunity: 22,500 SF brick warehouse on .26-acre corner lot in the heart of Midtown’s Locust Business District.
  • Flexible Zoning: “H – Area Commercial” allows for retail, restaurant, office, multifamily, or mixed-use conversion.
  • Steps from Grand Center, City Foundry, and Cortex with easy access to I-64, I-44, and I-70.
  • 1912 Brick Construction Suitable for Adaptive Reuse and is on the National Registry of Historic Places
  • Offered at $700,000 ($31/SF), well below replacement cost and supported by surrounding redevelopment momentum.
  • Adjacent Parking lot with 24 spaces available for lease.

OVERVIEW

Located in the heart of Midtown’s Locust Business District, 3201 Locust Blvd offers ±22,500 SF of brick warehouse space on a ±0.26-acre corner lot surrounded by ongoing redevelopment. Zoned H – Area Commercial, the property supports a wide range of adaptive reuse or mixed-use concepts. Just steps from Grand Center, City Foundry, and Cortex, this site combines historic character with strong growth potential. An adjacent parking lot with 24 spaces is also available for lease, providing valuable convenience for future tenants or redevelopment plans.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$31 USD /SF

# OF UNITS

1

PRICE/UNIT

$700,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Midtown Redevelopment Opportunity

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

PARKING SPACES

24

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

H

APN/PARCEL ID

1040-00-0040-0

ASK ABOUT THIS PROPERTY

Ben CherryManor Real EstateMore Info
314-647-6611

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Ben CherryManor Real EstateMore Info
314-647-6611

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.