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Active - Other for sale
St. Louis, MO
Facts & features
Why you’ll love it
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.
Listings courtesy of Manor Real Estate as distributed by MLS GRID.
Listed by: Manor Real Estate
Co-listed by: Manor Real Estate
Source: Maris MLS as distributed by MLS GRID, MLS#: MAR23072974
Based on info available as of Nov 13, 2026 at 12:33 PM EST.
Come see by yourself
Affordability
$5,465/mo
- Mortgage$4,677
- Property tax$788
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$18,500 Credit back
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Travel times
About Arsenal Watson Park Add
This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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$18,500 Credit back
