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 100% leased to Salsa Rosada through 2027, providing reliable income with annual rent escalations. 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.
0 Bed
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$ 799,000
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25062437
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Stoddard Add
St Louis City
St Louis City
Commercial Sale
Commercial Sale
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 1627 Locust Street, 705, St Louis City, MO 63103 | 0/2 | 1,267 | $185,000 | $180,000 97.3% of ask |
Sep 3, 2026 |
| 1501 Locust Street, 609, St Louis City, MO 63103 | 2/2 | 1,557 | $189,900 | $189,000 99.5% of ask |
Sep 1, 2026 |
| 1209 Washington Avenue, 710, St Louis City, MO 63103 | 1/2 | 1,560 | $1,705 | $1,705 100% of ask |
Aug 25, 2026 |
| 1209 Washington Avenue, 302, St Louis City, MO 63103 | 2/2 | 1,571 | $1,995 | $1,995 100% of ask |
Aug 24, 2026 |
| 1209 Washington Avenue, 401, St Louis City, MO 63103 | 2/2 | 1,876 | $2,095 | $2,095 100% of ask |
Aug 21, 2026 |
| 2201 Locust Street, 305, St Louis City, MO 63103 | 2/2 | 1,230 | $189,000 | $178,000 94.2% of ask |
Aug 21, 2026 |
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