302 N. Kingshighway Blvd.
Premier Redevelopment Opportunity In Iconic Central West End Neighborhood
Marketing description
CBRE, as exclusive investment advisor and broker, is pleased to offer for sale 302 N. Kingshighway Blvd. (the "Property"). The Property presents a compelling opportunity for adaptive reuse with an existing structure well-positioned for retail or redevelopment with conversion to multifamily, hotel, medical office, senior living, or mixed-use. With a prominent footprint and flexible layout, 302 N. Kingshighway Blvd. offers investors a rare chance to reposition one of the most sought-after corners of the Central West End.
Located along the highly trafficked Kingshighway corridor, the Property benefits from being in the Central West End and near Forest Park and the Cortex Innovation District—one of St. Louis' fastest-growing economic hubs. The site is in close proximity to BJC Healthcare, Washington University in St. Louis Medical Campus, and SSM Health, collectively representing some of the largest employers in the St. Louis MSA and providing strong, sustained demand drivers for residential, hospitality, and retail uses.
Investment highlights
- Significant adaptive reuse for existing retail or redevelopment potential for multifamily, mixed-use, medical office, or hospitality
- Opportunity to reposition a well-located asset in a supply-constrained, high-barrier-to-entry submarket
- Positioned at the gateway to the Central West End, one of St. Louis' most sought-after and high-growth submarkets
- Premier hard-corner location along the highly trafficked Kingshighway corridor, offering exceptional visibility and access
- Proximity to major employment centers including BJC Healthcare, Washington University Medical Campus, and SSM Health
- Strong underlying demand drivers from healthcare, education, and research institutions, with a 59.2% renter-occupied housing demographic within 1 mile
- Favorable 1-mile demographics with a daytime population of 44,165, an average household income of $117,318, and average home value of $488,354
- Excellent connectivity to I-64/40 and key arterial roadways, providing regional accessibility
- Walkable location near Forest Park, dining, retail, and lifestyle amenities
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