5421 THEKLA Ave - Schools FOR SALE


Saint Louis, MO 63120- Walnut Park
$5,600,000 USD
314-578-1708
5421 THEKLA Ave, Saint Louis, MO for Sale
$5,600,000 USD
Schools - FOR SALE
1/8
null | Request Cap Rate

5421 THEKLA Ave
Saint Louis, MO 63120
Walnut Park


HIGHLIGHTS

  • Large on-site parking area supporting high-capacity daily operations
  • Convenient access to a major interstate enabling strong connectivity for staff and visitors
  • Renovated campus with flexible layouts supporting a wide range of institutional and redevelopment strategies

OVERVIEW

5421 Thekla Avenue represents an increasingly rare opportunity to acquire a sizable educational campus within the St. Louis urban core, offering meaningful flexibility for institutional operators, specialty users, or developers seeking large, adaptable structures with strong regional access. The campus, formerly occupied by Confluence Aspire Academy, spans two buildings across a generous 4.84-acre site and was comprehensively renovated in 2007, ensuring a functional and modernized environment for a wide range of future uses. Its location near Interstate 70 allows for efficient citywide connectivity while maintaining accessibility for surrounding residential neighborhoods. The interior layout of the campus features multiple classroom wings, technology and art rooms, science suites, administrative offices, staff work areas, specialized learning rooms, and extensive restroom facilities that support high-capacity daily use. Both buildings include lower, main, and upper levels organized for structured circulation, and the site includes nearly eighty dedicated surface parking spaces to accommodate staff, visitors, and programmatic needs. Amenities such as a gymnasium, cafeteria, stage area, and multipurpose rooms amplify the property’s suitability for educational uses or adaptation into community-oriented programming. For adaptive reuse, the campus provides compelling redevelopment potential. Large floor plates, compartmentalized learning areas, and wide corridors lend themselves to creative reuse for residential concepts, social services, nonprofit operations, office configurations, or hybrid community space. The surrounding area includes major cemeteries, stable residential blocks, and established community institutions, creating a consistent activity base and steady traffic patterns. Offered at $5.6 million, the property delivers immediate utility for mission-driven organizations or long-term upside for groups seeking a conversion opportunity with significant structural scale. Its combination of acreage, renovated facilities, and flexible layout positions 5421 Thekla Avenue as a distinctive asset within the St. Louis market.

FOR SALE DETAILS

PRICE

$5,600,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

79

LAND DETAILS

LAND ACRES

4.87 AC

LAND SF

211,998 SF

ZONING

A

APN/PARCEL ID

5527-00-0071-0

ASK ABOUT THIS PROPERTY

William BarnesNAI DESCOMore Info
314-578-1708

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

William BarnesNAI DESCOMore Info
314-578-1708

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