Multi-Tenant Retail Property

3120 Watson Road, St. Louis, MO, USA

Sale Price: $925,000

Property Details

Presenting an exceptional value-add opportunity in the heart of St. Louis Hills, South City St. Louis. This multi-tenant retail building was built in 1954 and recently renovated in 2022. Zoned F (Neighborhood Commercial) and steeped in local history as the former Spiro’s restaurant location, this property is poised for transformation. With two thriving tenants occupying 1,500 square feet each and approximately four year remaining on their leases, immediate income is in place. Additionally, a remarkable 6,294 square feet of second-generation restaurant/banquet space presents an opportunity for creative re-imagining.

Boasting 220 feet of frontage along Watson Rd. and strategically located less than a mile south of Hwy 44, the property offers outstanding visibility and accessibility. With a substantial population of 152,693 residents within a 3-mile radius, this investment promises a robust customer base.

This property is also listed for lease, VIEW HERE.

Commercial, Retail

Property Type

9,294

Sq Ft

12,809

Parcel Size

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Lease Rate Type

1954

Year Built

Property Agents

Property Location

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