2001 Park Avenue

Highlights:

• Beautiful Historic Building in Lafayette Square - Across from Lafayette Park
• Turn-key Restaurant Space for an Owner-User (Patio Space Included)
• Diversified Income-Generating Spaces
• Exterior Renovations in 2021 (New Windows, New Roof, New Gutters, Spot Pointing on North & West Walls)
• 2021 Gut Rehab on 2nd & 3rd Floors | Modern Apartment Finishes
• 3rd Floor Apartment Currently Being Used as Owner's Office

Description:

SRG is pleased to present this beautiful historic building in the heart of Lafayette square. This corner property is the ONLY commercial property that is across from Lafayette Park on Park Avenue. The mixed-use property is three stories with a first floor turn-key restaurant space, roughly 2,030 SF. The first floor restaurant space contains a commercial kitchen with a 10' hood, and outdoor patio seating. The second floor is a fully updated 3 bedroom | 1 bath apartment, and the third floor is also a 3 bedroom | 1 bath apartment that is currently being utilized as offices. The apartments have wonderful finishes and there is room to raise rents.

The property offers a unique blend of income generating spaces, in a fantastic location in St. Louis City. Rents are: 1st floor - previously rented for $5,435/mo, 2nd floor - $1,495/mo, 3rd floor - $1,595 (owner occupied office).

Lafayette Square is one of St. Louis' most historic & vibrant neighborhoods. The highway accessibility to I-44 & I-55 make it very easy to get just about anywhere in the city within 10-20 minutes. Known for it's Victorian style homes & tight-knit community the neighborhood is extremely walkable with tons of excellent coffee shops, restaurants, retail and more.

Lafayette Square offers a unique style of retail with turn of the century architecture, and modern vibrant interior finishes. A lot of the properties are also on the national historic register which enables owners to pull off these awesome renovations, that bring the neighborhood to life.

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