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Commercial Space on Washington Ave 1607 Washington Ave

120,400 SF Office Building Saint Louis, MO 63103 $4,395,000 ($37/SF)

Investment Highlights

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

Executive Summary

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

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
120,400 SF
Building Class
C
Year Built/Renovated
1909/2004
Price
$4,395,000
Price Per SF
$37
Tenancy
Single
Building Height
8 Stories
Typical Floor Size
15,050 SF
Slab To Slab
10’
Building FAR
7.90
Lot Size
0.35 AC
Zoning
I - Central Business District
Parking
3.8 Spaces per 1,000 SF Leased

Amenities

  • Bus Line
Walk Score ®
Walker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0522-03-0017-0
Land Assessment
$0
Improvements Assessment
$76,200
Total Assessment
$76,200
  • Listing ID: 33882181

  • Date on Market: 11/15/2024

  • Last Updated:

  • Address: 1607 Washington Ave, Saint Louis, MO 63103

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