Midtown Redevelopment Opportunity
$700,000
3201 Locust Street, St. Louis, MO 63103
For Sale
Multifamily
Active
Last Updated: 11/25/2025
22,500 sqft
Building Size
0.26 acres
Lot Area
Details:
Building Size: 22,500 sqft
Lot Area: 0.26 acres
Units: 24
Year Built: 1912
Price Per Unit: $31.11
Zoning: H - Area Commercial
Floors: 2
Parking Spots: 24
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.
Description:
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.
Documents:
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| 3201_LOCUST_ST_-_FOR_SALE_BROCHURE.pdf |
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Location
Gallery
