1409 Washington Parking
Next to City Museum & hotels—21-space parking lot in the heart of Washington Ave Loft District
Marketing description
1409 Washington Avenue Parking Lot
Rare opportunity to acquire a 21-space surface parking lot in the heart of the Washington Avenue Loft District in downtown St. Louis. The property sits directly next door to the iconic City Museum and the 140-room The Last Hotel, placing it in the center of one of downtown’s most active entertainment and tourism destinations.
The immediate area has experienced significant hospitality investment, with nearby hotels including 21c Museum Hotel St. Louis and Tru by Hilton St. Louis Downtown, both within a short walk. The property is also minutes from Energizer Park, home of St. Louis City SC, which has created substantial new event traffic and parking demand in the downtown core.
In addition to tourism and hotel demand, the property is surrounded by hundreds of residential loft units throughout the Washington Avenue corridor, many of which have limited on-site parking, creating consistent demand for monthly parking.
With limited surface parking remaining in this highly walkable part of downtown, the property offers an attractive opportunity for monthly parking, hotel overflow parking, event parking, or long-term redevelopment potential.
Investment highlights
Investment Highlights – 1409 Washington Avenue
21-Space Surface Parking Lot
Efficiently configured 21-space surface parking asset in a high-demand downtown location with minimal operating expenses.Next Door to City Museum
Immediately adjacent to City Museum, one of the region’s most visited attractions drawing substantial daily and weekend visitor traffic.Adjacent to 140-Room Boutique Hotel
Located next to The Last Hotel, creating natural demand for guest and overflow parking.Surrounded by New Hotels
Within walking distance of 21c Museum Hotel St. Louis and Tru by Hilton St. Louis Downtown, further increasing demand from guests, visitors, and employees.Near Major Sports & Event Venue
Minutes from Energizer Park, home of St. Louis City SC, which brings thousands of visitors downtown during matches and events.Dense Residential Loft District
Located in the heart of the Washington Avenue Loft District, surrounded by hundreds of residential loft units, many with limited parking availability, creating strong monthly parking demand.Low Management Investment
Parking assets provide stable income potential with minimal maintenance and operating costs.Long-Term Redevelopment Potential
Strategic downtown parcel with future potential for hospitality, residential, or mixed-use development as the surrounding neighborhood continues to grow.
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