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    Downtown Washington MO Retail/Office Space Title is generated by Realmo AI

    11 W Main A B, Washington, MO 63090

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    Claim this Listing
    For Sale
    $785,000

    Business - Washington, MO

    Type:Business
    Property size:
    4,059 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $193/SF
    Added:
    Jan 17, 2026
    Days on Market:
    142
    Last Refresh:
    Jun 8 at 2:06 pm

    Property Features for 11 W Main A B

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    10-5-220-1-057-041000
    Size
    4,059 SF
    Lot size
    0.17 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    4774

    Utilities

    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1963
    Building materials
    Brick
    Architectural style
    Other

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    Listing Contact
    Janie Schriewer

    Listing agent Janie Schriewer License #1999117614

    Listing office RE/MAX Results 12 E. Front Street, Saint Louis, MO

    Listing date Jan 17, 2026

    MLS# 26001436 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime downtown Washington MO location on Main Street and Lafayette.
    • Three rental units generate a total of $4950/month in income.
    • Enjoy the River view from the back unit.
    • Main Street unit features 7 spa rooms, 2 bathrooms, and a laundry area, all recently remodeled.
    • Convenient access to AMTRAK, the riverfront, restaurants, and shopping.
    • Lower level unit includes a garage, office area, storage area, and full bath.

    Overview

    Located in the heart of downtown Washington, Missouri, this property offers a unique opportunity with its location on Main Street and Lafayette, featuring river views from the back unit. The property includes multiple units with established rental income. The Lafayette unit, renting for $1600 per month, features an open floor plan with several offices, a bathroom, a reception area, and a kitchenette. The Main Street unit, renting for $1700 per month, includes an entry waiting area, seven spa rooms, two bathrooms, and a laundry area that have all been recently remodeled. The lower level unit, with a garage, office area, storage area, and full bath, was previously rented for $1650. The property is conveniently located near AMTRAK, the riverfront, downtown restaurants, and shopping. The building has a total size of 4059 square feet and is situated on a 0.165-acre lot.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $93.5k $23.04
    − Vacancy −$20.6k −$5.07
    EGI $72.9k $17.97
    − OpEx −$18.2k −$4.49
    NOI $54.7k $13.48
    4,059 SF · lease $23.04/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $781.6K
    $683.9K – $911.8K (±1% cap)
    NOI $54,709 @ 7.0% cap · market cap 6.97%
    Second Best
    Retail
    $545.9K
    $477.7K – $636.9K (±1% cap)
    NOI $38,216 @ 7.0% cap · market cap 4.87%
    Theoretical Best
    Office A
    $1.19M
    $1.05M – $1.39M (±1% cap)
    NOI $83,648 @ 7.0% cap · market cap 10.66%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Washington
    County
    Franklin
    State
    Missouri
    Longitude
    -91.011123
    Latitude
    38.56

    FAQs

    What type of property is this?
    Retail space - Prime downtown location with multiple rental units and river views.
    Where is this retail space located?
    The property is located at 11 W Main A B Washington, MO.
    What is the asking price?
    The asking price for this property is $785,000.
    What are key features of this property?
    This property features: Prime downtown Washington MO location on Main Street and Lafayette.; Three rental units generate a total of $4950/month in income.; Enjoy the River view from the back unit.
    More about this property
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