1211 Newstead Ave, St. Louis, MO 63110
$599,000 (Available Now)

Leased 6,000 Sq. Ft. Commercial Building in The Grove

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Property Highlights:

  • Leased Commercial Building: 6,000 sq. ft. (3,000 sq. ft. main level + finished basement). Tenant can vacate upon purchase.
  • Versatile Space: Ready for redevelopment into multi-family apartments, a restaurant, event venue, office spaces, or mixed-use configurations.
  • Adjacent 0.2-Acre Lot: Flexible for parking, multi-family, or townhomes. Comparable lots in the neighborhood have sold for up to $125,000.
  • Recent Renovations: Renovated within the last five years, the building is in excellent condition and ready for immediate use.

Prime Location:

Located in The Grove, one of St. Louis’ most vibrant and growing neighborhoods, this property offers a rare opportunity to capitalize on the area’s ongoing revitalization. Surrounded by popular bars, restaurants, nightlife, major hospitals, SLU, Forest Park, and with convenient highway access.

Potential Uses:

Perfect for investors, developers, or owner-occupants seeking a strategic income-producing asset. Potential uses include offices, an event venue, a restaurant, conversion to multi family. Townhomes could be built on the vacant portion of the property or have off street parking.

Virtual Tour of the Building: https://my.matterport.com/show/?m=D6HABGVFRCk&mls=1

Supplemental Documents

Property Location

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Property Details:
Square Footage: 6000 County: St. Louis City Units: 1-4 Condition: Turn Key Occupancy: Fully Occupied Parking: On Street Parking, None Heating: Gas Heat Cooling: Central Gas Construction: Brick Basement: Finished, Stone
Home Amenities:
  • Fridge
  • Stove
  • Hardwood Floors
  • Tile Floors
Agent Details:
Owner / Broker: Jordan Schoen Phone: (314) 255-5117 Fax: (314) 480-7053
Contact Agent: Please use the form below to contact agent Jordan Schoen about this listing.

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