1601 Washington Ave - Parking Lots & Garages FOR SALE


Saint Louis, MO 63103
$4,395,000 USD
618-277-4400
1601 Washington Ave, Saint Louis, MO for Sale
$4,395,000 USD
Parking Lots & Garages - FOR SALE
1/35
null | Request Cap Rate

1601 Washington Ave
Saint Louis, MO 63103


HIGHLIGHTS

  • 5 COMMERCIAL FLOORS +/- 185 PARKING SPACES
  • RESIDENTIAL LOFTS OFFICE SPACE
  • COMMERCIAL KITCHEN OPEN FLOOR PLANS

OVERVIEW

5 COMMERCIAL FLOORS +/- 185 PARKING SPACES RESIDENTIAL LOFTS OFFICE SPACE COMMERCIAL KITCHEN OPEN FLOOR PLANS 1ST FLOOR The east half of the 1st floor has 4,959 SF with a main entrance from Washington Avenue into Unit 101, and a secondary entrance from Lucas Avenue. Additional door to dock on Lucas Avenue. It features high ceilings (14' 10?), large storefront windows, polished concrete floors, a decorative fountain, offices, and restrooms. Private elevators provide access to other commercials areas of the venue. 5TH FLOOR The 5th floor consists of 13,284 SF. On the 5th Floor (Unit 501) the elevators lead into the large kitchen area. This is a full commercial kitchen with a large walk-in freezer and two separate walk-in coolers, built-in hood, and multiple sinks. A set of staff restrooms are located adjoining the kitchen. Approximately 5,200 SF of the 5th floor is well maintained vacant residential lofts, two of which are combined by a doorway between them. The loft spaces have access to a separate corridor which provides access to the residential elevator leading to the residential lobby 6TH FLOOR The sixth floor encompasses 13,459 SF with ceilings measuring approximately 11 feet in height. Two open-air verandas and tall loft windows provide city views. This floor offers a spacious open area suitable for tables, chairs, or a dance floor, alongside a designated bar area and separate men’s and women’s restrooms. The lighting comprises ceiling-mounted fluorescent fixtures and pendant light fixtures near the bar. Noteworthy features of the space include exposed ductwork, brick walls, oak hard-wood floors and painted concrete ceilings. Each floor is conveniently accessible via a private set of commercial elevators. 7TH FLOOR The seventh floor encompasses 13,331 SF with ceilings measuring approximately 11 feet in height. Downtown St. Louis views to the east and south and two open-air verandas. This floor offers a spacious open area suitable for tables, chairs, or a dance floor, alongside a designated bar area and separate men’s and women’s restrooms. The lighting comprises ceiling-mounted fluorescent fixtures and pendant light fixtures near the bar. Noteworthy features of the space include exposed ductwork, brick walls, oak hardwood floors and painted concrete ceilings. Each floor is conveniently accessible via a private set of commercial elevators. 8TH FLOOR The eighth floor encompasses 13,351 SF with ceilings measuring approximately 11 feet in height. This floor offers a spacious open area suitable for tables, chairs, or a dance floor, alongside a marble top bar with heirloom doors reclaimed from historic Soulard rowhouses and separate men’s and women’s restrooms. The lighting comprises ceiling-mounted fluorescent fixtures and pendant light fixtures near the bar. Noteworthy features of the space include exposed ductwork, brick walls, oak hardwood floors and painted concrete ceilings. Each floor is conveniently accessible via a private set of commercial elevators. LOCATION OVERVIEW St. Louis encapsulates all the elements needed for prosperity, a rich history of innovation, a vibrant culture, and an exceptional quality of life. A prime example of this advancement is Washington Avenue, standing out as one of St. Louis’s most sought-after districts. This bustling downtown stretch offers a pedestrian-friendly environment with a mix of over 1,800 apartments, upscale condos, office lofts, boutiques, hotels, restaurants, entertainment venues, and various stores. Renowned throughout the St. Louis region, this district attracts a diverse crowd of visitors, residents, and businesses from both the City and County. The Start-Up community in St. Louis is predominantly centered in and around Washington Avenue. Notably, the T-REX facility accommodates numerous small start-ups in its collaborative workspace on Washington Ave. As these start-ups expand beyond their initial spaces, they actively seek new and permanent locations in the vicinity. REDUCED SALE PRICE: $4,395,000

FOR SALE DETAILS

PRICE

$4,395,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Commercial Space on Washington Ave

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Parking Lots & Garages

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

-

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.25 AC

LAND SF

54,450 SF

ZONING

I

APN/PARCEL ID

0524-91-0000-0

ASK ABOUT THIS PROPERTY

Collin FischerBarberMurphy GroupMore Info
618-277-4400

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Collin FischerBarberMurphy GroupMore Info
618-277-4400

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