Rare urban development opportunity in the heart of Midtown St. Louis — 2 acres of investment-grade land positioned at the gateway to the city's newest and fastest-growing district, Prospect Yards. The Steelcote Prospect Yards Assemblage comprises two non-contiguous parcels totaling approximately 2.00 acres (+/-87,120 SF) in City Block 2213: a +/-1.50-acre rectangular parcel fronting Papin Street (the hotel site) and a +/-0.50-acre Chouteau Avenue frontage parcel (the QSR/retail site), with Theresa Avenue providing secondary access on the eastern boundary. The subject site sits at the epicenter of over $2.8 billion in new construction activity that has transformed Midtown over the last decade. The seller, Pier Property Group, developed the award-winning Steelcote Square campus immediately adjacent — three phases of residential mixed-use totaling 153 units across Steelcote Lofts, Steelcote Crossing, and the ground-up Steelcote Flats (158,000 SF, completed 2022). National retailers Target (70,000 SF) and Topgolf anchor the immediate block. SSM Health's $550 million SLU Hospital and the under-construction Cardinal Glennon Children's Hospital sit directly across Chouteau Avenue — the single strongest demand driver for the proposed hotel use. Saint Louis University's North and South campuses flank the corridor, generating sustained hospitality and retail demand from 15,000+ students, faculty, patients, and medical visitors daily. Architectural concept plans (Arcturis, January 2025) have been prepared depicting a 4-story, 100-key hotel with +/-100 surface parking spaces on the Papin parcel, and a 1-story commercial/QSR building (+/-2,500-7,500 SF) with drive-thru capability on the Chouteau frontage parcel. Current zoning is J-Industrial; rezoning will be required for hotel and/or retail uses. The site carries eligibility for Chapter 353 tax abatement through the St. Louis Midtown Redevelopment Corporation (SLMRC) — potentially providing up to 20 years of real estate tax abatement on improvements, a compelling economic incentive for any developer underwriting construction costs in the current environment. The parcels may be purchased together as a single +/-2.00 AC assemblage at $2,750,000, or separately: the North Parcel (Papin) at $2,000,000 and the South Parcel (Chouteau) at $750,000. All-cash, 1031 exchange, or assumable mortgage structures will be considered.
0 Bed
0 Bath
0 sq.ft
$0 per sq.ft
$ 2,750,000
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26025175
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Market Street & Choutcau Ave
St Louis City
St Louis City
Commercial Sale
Commercial Sale
$7,743
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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WELCOME HOME, to this ideally located, light filled, studio unit. The perfect place for the sports fanatic, theater enthusiast and for all Downtown events. The unit has a compact but well appointed kitchen, with granite breakfast bar, and pantry. The open living area allows you to decide your furniture layout to fit your lifestyle. The walk in closet leads to the full bath. You eaven have your own personal outdoor space with a balcony where you can take in the evening or enjoy your morning coffee. Amenities include a common area, outdoor patio with barbecues, a separate dog park area, an exercise room and coin laundry. The unit also has a designated storage unit.
5K Closing Credit offered & OPEN SUN 1-3PM! Welcome to urban luxury living at its finest - Step into this stunning 2BR/2BA condo and experience the perfect blend of modern elegance offering 10 ft ceilings, exposed brick & city charm. Located in the coveted Printers Lofts, this SW corner unit boasts an open floor plan with expansive windows (with custom adjustable blinds) that flood the space with natural light. This gourmet kitchen is a chef's dream! Featuring stainless steel appliances and a massive center island, ideal for entertaining. You'll love the large primary suite with a big walk-in closet and a bath featuring shower & tub. Convenient in-unit laundry! This unit is located right by the elevator and has a storage room on the same floor! Enjoy the convenience of a secure, climate-controlled garage with an assigned parking space. Printers Lofts offers top-notch amenities, including a gym, rooftop deck, community room, secure garage parking, additional guest parking and a vibrant sense of community. Nestled in the heart of Downtown West, outstanding location! Located just steps from the vibrant energy of downtown, you’re minutes from CITY SC soccer at CityPark, the beloved attractions of Union Station, the Gateway Arch, 21C Hotel with rotating art displays and the Locust Street Athletic Club with pool, world-class dining and entertainment, and effortless highway access to Midtown, Central West End, and Forest Park - you'll love the vibrant lifestyle St. Louis City has to offer! MOVE-IN READY for you, already passed occupancy. Don't miss out on this exceptional opportunity - schedule your showing today and make this dream condo yours! CALL NOW
Live in Style at Eden Lofts — 2 Bed, 2 Bath First-Floor Gem Welcome to Eden Lofts, where modern city living meets historic charm just steps from Lafayette Square Park. This spacious first-floor unit offers soaring windows, incredible natural light, and freshly painted interiors that feel open, bright, and ready for your personal touch. The flexible open floor plan features a kitchen that flows effortlessly into the living space, allowing you to arrange your home to fit your lifestyle. Enjoy concrete floors throughout the main areas, tile in the baths, and ceiling fans in both bedrooms for year-round comfort. A private entry foyer greets you, leading to a generous laundry room, a hall bath, one well-sized bedroom, and a quiet primary suite tucked at the back of the unit for added privacy. With professionally cleaned 2" blinds, fresh updates, and the unbeatable convenience of first-floor living, this loft checks all the boxes. Available now — don’t miss your chance to live in one of St. Louis’ most iconic neighborhoods.
