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Redevelopment Opportunity 1917-1935 Delmar Blvd

51,000 SF 100% Leased Industrial Building Saint Louis, MO 63103 For Sale

Investment Highlights

  • Development Opportunity in Downtown West St. Louis
  • Rare Opportunity to Acquire 3/4ths of a City Block
  • +/-2.07 Acres of Land Near the New MLS Stadium
  • Located in an Opportunity Zone, Enhanced Enterprise Zone, & Hub-Zone
  • +/-51,000 SF of total Building Area

Executive Summary

Salient Realty Group is pleased to exclusively offer this development/redevelopment opportunity for sale. An incredibly rare opportunity to purchase two adjoining city blocks in the central corridor of the City of St. Louis. Very few prime parcels are left undeveloped. The subject property is close to the new MLS Stadium ($457MM) as well as the new NGA facility ($1.75B & 3,000+ Federal Employees). In addition, an incredible amount of development activity is taking place all around the property in the Downtown West area.
The properties offer multiple development/redevelopment strategies – multifamily, industrial, office, retail, hospitality, and mixed-use are all viable options.
The existing buildings on the property total approximately 51,000 SF of building area. Highest and best use may be to tear these down for new construction. The total acreage is +/-2.07 AC and is approximately 3/4ths of the entire City block.

Property Facts

Sale Type Investment or Owner User
Sale Conditions
Bulk/Portfolio Sale
  • Redevelopment Project
  • Building in Shell Condition
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 2.07 AC
Rentable Building Area 51,000 SF
No. Stories 1
Year Built/Renovated 1963/2020
Parking Ratio 0.39/1,000 SF
Clear Ceiling Height 15 FT
Opportunity Zone Yes

Utilities

  • Water
  • Sewer
Walk Score ®
Very Walkable (88)
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
0941-00-0128-0
Land Assessment
$32,300
Improvements Assessment
$69,800
Total Assessment
$102,100

zoning

Zoning Code I ((Central Business District))
I ((Central Business District))
  • Listing ID: 31231998

  • Date on Market: 3/15/2024

  • Last Updated:

  • Address: 1917-1935 Delmar Blvd, Saint Louis, MO 63103

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