- For Sale $3,140,000
- Property Type Multi-Family
- Property Size 73,527 SF
- Units 26
- Lot Size 0.37 Acre
- Date Updated Jul 3, 2025
Developed by Rise Community Development in 2006, this historic property has been managed by the developer as a LIHTC rent-restricted property for the entirety of it’s life. With on-site ownership, the building has been meticulously maintained and features it’s own private, gated, lighted parking lot with 27 spaces.
The property consists of:
17 One bed -One bath units
9 Two bed - Two bath units
1 2,607 SQ FT commercial space (occupied by owner currently, leaseback to be considered)
1 2,649 SQ FT commercial space (rented MTM to an art gallery)
Rents have not been brought to market rate since the LURA was cleared in 2016 and feature significant upside. The commercial spaces are fully built out and have been well below market rate since inception.
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
-
Walk Score ®
92/100
Walker's Paradise
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Transit Score ®
56/100
Good Transit
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Bike Score ®
61/100
Bikeable
- City St. Louis, MO
- Neighborhood Downtown West Saint Louis
- Zip Code 63103
- Market St Louis
Points of Interest
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Union Station - Stair Access
0.50 miles
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Union Station
0.51 miles
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Union Station - Elevator Access
0.52 miles
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St. Louis - Gateway Station
0.64 miles
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8th & Pine
0.67 miles
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Missouri History Museum/Forest Park
4.54 miles
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Forest Park - DeBaliviere Metrolink
4.57 miles
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The Wild Station
4.65 miles
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Discovery Corner Station
4.77 miles
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Delmar Loop Metrolink
5.16 miles
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Shell
0.33 miles
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EV Connect
0.67 miles
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ChargePoint
0.71 miles
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BP
0.83 miles
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Zephyr Xpress
1.04 miles
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Phillips 66
1.23 miles
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Conoco
1.78 miles
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Crown
1.98 miles
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EVgo Charging Station
3.06 miles
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Tesla Supercharger
3.24 miles
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18th Lucas lot
0.06 miles
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Moon Bros Parking
0.09 miles
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Butler Die CO lot
0.11 miles
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15th Lucas lot
0.16 miles
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St. Louis Auto Park
0.18 miles
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Saint Louis Library Lot
0.20 miles
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14th Delmar Lot
0.23 miles
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14th MLK Lot
0.24 miles
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18th & Chestnut Garage
0.26 miles
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Hotel Jefferson Garage
0.29 miles
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The Last Hotel STL
0.13 miles
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21c Museum Hotel St Louis
0.13 miles
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Tru
0.29 miles
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Home2 Suites
0.30 miles
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Union Station Marriott
0.39 miles
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Le Méridien
0.51 miles
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Pear Tree Inn Union Station
0.54 miles
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Drury Inn St. Louis At Union Station
0.54 miles
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Fairfield Inn & Suites St. Louis Downtown
0.55 miles
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Holiday Inn St. Louis
0.56 miles
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White Knight Diner
0.20 miles
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Medina Grill
0.20 miles
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Rosalita's Cantina
0.27 miles
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Lucas Park Grille
0.27 miles
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Wasabi Sushi Bar
0.28 miles
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Sen Thai Asian Bistro
0.29 miles
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Missouri Bar and Grille
0.34 miles
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King Louie's Empire Deli and Pizza
0.37 miles
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Schlafly Tap room
0.38 miles
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KFC
0.38 miles
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Siba – Stevens Institute of Business & Arts
0.09 miles
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Carr Elementary School (disused)
0.37 miles
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Jefferson Elementary School
0.52 miles
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St. Louis University
0.52 miles
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KIPP
0.54 miles
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Carr Lane VPA Middle School
0.63 miles
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Patrick Henry Downtown Academy
0.68 miles
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Gateway Elementary School
0.69 miles
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Samuel Shepard Jr. Gateway Educational Park
0.70 miles
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Gateway Middle School
0.74 miles
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Kim's Kids
1.27 miles
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Eternity Childcare
2.30 miles
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Childgarden Early Childhood Center
2.53 miles
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Lambs Pride Day Care Center
2.94 miles
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Castleman Corner Day Care Center
2.98 miles
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Gravois Childcare Learning Center
3.74 miles
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YWCA Head Start
3.79 miles
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Miss Patt's Daycare
5.34 miles
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Smart Start Learning Acadamy
5.52 miles
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Union Preschool
5.83 miles
Frequently Asked Questions
The space currently listed for sale at 1627 Washington Ave asks for $3,140,000.
1627 Washington Ave totals 73,527 square feet.
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
King Realty Advisors
