3131-3137 Olive Street, St. Louis, MO

Retail for Sale - $1,300,000 - 5,435 Sq. Ft. on 0.19 acres


Agent Info

Ben Cherry,CCIM
Manor Real Estate

Property Info

CIMLS#1181315
Location
  3131-3137 Olive Street
  St. Louis MO 63103
UpdatedSeptember 11th, 2025
TypeRetail
Price$1,300,000
Building5,435 Sq. Ft.
Land0.19 acres

Property Description

3131–3137 Olive Street presents a stabilized restaurant investment with clear upside in St. Louis’ Midtown corridor. The property totals ±5,372 SF and is 75% leased to Salsa Rosada through 2027, providing reliable income with annual rent escalations. The ±1,350 SF eastern bay is currently vacant, offering investors additional NOI potential when leased at market rates. Originally built in 1894 and fully renovated in 2016, the building combines historic character with modern systems and ADA compliance. Located along Olive Street near Saint Louis University, and The City Foundry this property is positioned within one of the city’s most active growth areas.


Financials



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