Redevelopment Opportunity | 1917-1935 Delmar Blvd
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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.
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
Utilities
- Water
- Sewer
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Walk Score ®
Very Walkable (88)
PROPERTY TAXES
Parcel Number | 0941-00-0128-0 | Improvements Assessment | $69,800 |
Land Assessment | $32,300 | Total Assessment | $102,100 |
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)) |
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Redevelopment Opportunity | 1917-1935 Delmar Blvd
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