Property Description

Seize a rare chance to shape the future of Soulard, one of St. Louis's most vibrant and sought-after historic neighborhoods, with this exceptional assemblage of prime lots at 942-946 Hickory Street and 941 Morrison Street. Nestled in the heart of Soulard's triangular boundaries-bordered by 7th Street, Broadway, and I-55-these parcels offer unparalleled development potential in an area undergoing explosive revitalization, fueled by over $16 million in 2025 Neighborhood Transformation Grants from the City of St. Louis for affordable housing, public space activation, and neighborhood plan implementation. Imagine crafting modern townhomes, luxury lofts, or mixed-use gems that blend Soulard's iconic 19th-century charm with contemporary amenities, capitalizing on the neighborhood's walkable streets, natural beer-cave heritage, and booming culinary scene anchored by the legendary Soulard Farmers Market-America's oldest continuously operating market since 1779. Recent sales underscore the market's momentum: Comparable properties nearby, like the $335,000 Flounder-style rowhouse at 921 Morrison Avenue (a 1,936 sq ft, 3-bed/2.5-bath gem with historic details and modern updates), and the spacious vacant lot at 2752 Hickory Street primed for new construction, highlight strong demand with median home prices hitting $350,000 and average sales at $387,487 as of August 2025. With Missouri's 2025 elimination of state capital gains tax on real estate profits along with tax incentive.

Property Features

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