2842 Meramec Street (a/k/a 2838 Meramec) is a bank-owned opportunity to acquire a substantial free-standing commercial building in South St. Louis City. Constructed in 1905 and operated for decades as a funeral home, the two-story, 12,138-square-foot structure occupies a 0.54-acre parcel with 187 feet of frontage on Meramec Street, a corridor carrying more than 19,500 vehicles per day. The building's original use produced a floor plan that translates well to a wide range of successor users: large open assembly areas, generous ceiling heights, multiple private offices and gathering rooms, and a 5,473-square-foot full basement for storage or back-of-house operations. Turn-of-the-century masonry construction gives the property architectural presence that new construction at this price point cannot replicate, and the parcel's depth allows for on-site parking and service access - a meaningful advantage in a neighborhood where most commercial buildings are zero-lot-line storefronts. Zoning is "F" Neighborhood Commercial, one of the City's more flexible commercial districts, supporting retail, restaurant, personal service, office, medical, assembly and institutional uses subject to City review. Realistic reuse concepts include event and banquet space, a church or community organization, brewery or taproom, medical or behavioral health clinic, creative office or studio, or continued mortuary operation by an operator seeking an established South City location. The location scores 91 for walkability and sits within a dense, established residential trade area at the seam of Dutchtown, Mount Pleasant and Marine Villa. Cherokee Street's retail and restaurant district, St. Anthony of Padua and I-55 access are all within minutes, and the surrounding submarket has recorded roughly 15% home price appreciation over the past two years. Offered at $425,000, or approximately $35 per square foot of building area, the property is priced below replacement cost and is being sold by the lender strictly as-is, where-is.
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$ 425,000
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Friede Sayers Add
St Louis City
St Louis City
Commercial Sale
Commercial Sale
$10,922
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 2918 Michigan Avenue, St Louis City, MO 63118 | 3/3 | 1,770 | $315,000 | $304,618 96.7% of ask |
Sep 4, 2026 |
| 3504 Arsenal Street, 2F, St Louis City, MO 63118 | 1/1 | 800 | $950 | $950 100% of ask |
Sep 1, 2026 |
| 2602 Minnesota Avenue, St Louis City, MO 63118 | 2/2 | 1,664 | $1,900 | $1,900 100% of ask |
Sep 1, 2026 |
| 3112 S South Compton Avenue, St Louis City, MO 63118 | 3/1 | 3,750 | $159,900 | $160,000 100.1% of ask |
Aug 31, 2026 |
| 3322 Pennsylvania Avenue, St Louis City, MO 63118 | 0/0 | 4,336 | $325,000 | $310,000 95.4% of ask |
Aug 31, 2026 |
| 3448 Magnolia Avenue, St Louis City, MO 63118 | 0/0 | -- | $325,000 | $325,000 100% of ask |
Aug 31, 2026 |
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This stunning historic **Ripple Row** home combines timeless character with beautifully updated living spaces across **four levels**. Offering 4 bedrooms, 2 full baths, 2 half baths, a partially finished walk-out lower level with bar, half bath, covered patio, and gated off-street parking This home has incredible space inside and out. The main level showcases a stunning living room with large bay window, formal dining and a sharp custom kitchen featuring maple cabinetry, granite countertops, coffee bar, stainless steel appliances, slate backsplash, ceramic flooring, and an impressive **7-foot granite center island**. Crown molding throughout and two covered porches add to the home's historic charm. The second level offers 3 spacious bedrooms, a full bath, beautiful wood floors, and abundant closet space. The entire third floor is dedicated to a **private primary suite** with separate HVAC, insulated windows, walk-in closet, laundry, coffee bar, and a luxurious bath featuring double vanities, heated floors, separate shower, and soaking tub. The partially finished walk-out lower level adds even more entertaining space with a bar area and half bath. Laundry on third floor and lower level backup. Step outside to a private backyard with gated off-street parking plus room for a future carport or garage. Light, bright, and beautifully maintained throughout—this home offers four incredible levels of living in the heart of historic Soulard.** Walk to restaurants, bars, neighborhood parks—including the French Dog Park—and enjoy being just one block from Anheuser-Busch. Convenient access to major highways puts Downtown and many of St. Louis' favorite attractions within easy reach. updates: main roof (2/3 of the roof), central heating, , mini split on third floor, & water heater Front bay windows See disclosures for details.
Meticulously maintained and filled with character, this stunning open-concept Benton Park home offers 4 bedrooms, including 2 private ensuite retreats, 3.5 baths, 2-car covered parking, and 3 decks—two of them covered! Soaring 10-foot ceilings, exposed brick, gleaming hardwood floors, wide staircases, and beautiful architectural details create the perfect blend of historic charm and modern living. The main level features spacious living and dining areas that flow into a sharp kitchen with creamy light-gray cabinetry, stainless steel appliances, a gorgeous mahogany center island, breakfast area, and convenient drop zone opening to a covered deck—perfect for morning coffee or entertaining. The second level offers 3 bedrooms, including the first primary suite with access to its own covered deck. Two additional bedrooms are serviced by a full bath. The third level is truly special—a private second ensuite retreat featuring a family room, mini kitchen, bedroom, full bath, and its own deck! Ideal for guests, extended family, a private work-from-home space, or simply an incredible owner's getaway. And the location is hard to beat—beautiful Benton Park is directly across the street! Enjoy a truly walkable neighborhood just steps from phenomenal restaurants, neighborhood bars, shops, and parks. updates: Front Mansard repair and refinish with new slate & copper, HVAC first floor 2018 & second floor 2021, Recovered roof 2021, Electrical EV charger 2023, Basement Electrical outlets installed 2021, Garage door Spring 2024, Rear doors on 1st and 2nd floor 2021, wrought iron side gate, front step railings & basement window bars 2022 Well maintained. Thoughtful updates include mansard repairs refinished with slate and copper, first-level HVAC (2018), upper-level HVAC (2021), roof recovered (2021), basement electrical outlets (2021), first- and second-floor doors (2021), EV charger (2023), and garage door spring (2024). Historic character, modern conveniences, flexible living space, and an unbeatable Benton Park location—this one has it all!
Excellent opportunity for both investors and owner-occupants! This solid brick two-story duplex features two spacious units, each offering over 1,200 square feet with 2 bedrooms and 1 full bathroom. The first-floor unit is currently vacant and ready for an owner-occupant, while the second-floor unit is leased to a reliable tenant with a strong history of paying rent on time each month—providing immediate income to help offset ownership expenses. Investors will appreciate the affordable acquisition price and strong cash-flow potential, while buyers looking to house hack can enjoy a spacious first-floor residence with rental income coming in upstairs. A detached 2-car garage provides secure off-street parking and additional convenience, making this a versatile property with plenty of long-term upside. Schedule a showing today as this property is priced to sell FAST!!
