Renovated Mixed-Use Historic
For Sale
$765,000
7714 S Broadway St, Louis, MO 63111
Commercial Sale, St Louis, MO
Property Size6,000 SF
Lot Size0.12 Acres
Price / SF$127.50
Days on Market69
Property Features for 7714 S Broadway St
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Open, Driveway, Parking Lot
Subdivision
Valles
Standard status
Active
APN
3117-00-0135-7
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2022
Tax Description
C.B. 3117 S BROADWAY ST 64 FT X 134 FT CARONDELET VALLES SUBDN BLK 16 SRVY 3 LOTS 6 & 7 BTO SEE 3117
Tax Annual Amount
2003
Legal Description
C.B. 3117 S BROADWAY ST 64 FT X 134 FT CARONDELET VALLES SUBDN BLK 16 SRVY 3 LOTS 6 & 7 BTO SEE 3117
Utilities
Utilities
Cable Available
Heating system
Natural Gas, Forced Air
Cooling system
Electric, Central Air
Water source
Public
Amenities
kitchen
2 handicap accessible bathrooms
conference room
open retail space
concrete parking lot
Building Details
Year built
1903
Floors in Building
3
Building materials
Brick, Wood Siding
Listing Agency:
RE Source PM, LLC
(314) 351-4099
Listed By:
Jaymes Dearing · License #2019025452
(314) 705-2027
Added: Jul 9
Changed: Sep 13
Last Checked: Sep 15 at 9:06AM
MLS# 26034402
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.
Investment Insights
Based on property information with market context.
This mixed-use historic building provides approximately 6,000 square feet of commercial space across multiple addresses. The layout includes 12 offices, a conference room, an open retail area, a kitchen, and two handicap-accessible bathrooms. Three basements provide additional space outside the stated square footage. Two apartments occupy the third floor and are currently leased, with an option for purchaser availability. The property was built in 1903 and comprehensively renovated in 2019, with brick and wood siding construction, forced-air natural gas heat, central air, and electric cooling.
Located at 7714 S Broadway in St. Louis, the property includes a concrete parking lot with 20 spaces. St. Louis Square Park is nearby, while fuel and grocery services are available along Bates Street. Public transportation is served by the Broadway and Holden bus stop, and Notre Dame High School is in the surrounding area. Public water and cable availability are reported for the property.
Located at 7714 S Broadway in St. Louis, the property includes a concrete parking lot with 20 spaces. St. Louis Square Park is nearby, while fuel and grocery services are available along Bates Street. Public transportation is served by the Broadway and Holden bus stop, and Notre Dame High School is in the surrounding area. Public water and cable availability are reported for the property.
Key Highlights
- Approximately 6,000 square feet of commercial space with 12 offices, conference room, kitchen, and open retail area
- Renovated in 2019; original construction dates to 1903
- Two third‑floor apartments are leased, with an option for purchaser availability
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,836
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,116,720
$1.1M
Cap Rate 7%
$797,657
$797.7K
Cap Rate 9%
$620,400
$620.4K
Market Conditions
NOI Build-Up for 6,000 SF
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.
Gross rent
$108.0K $18.00/SF
− Vacancy
−$6.5K −$1.08/SF
EGI
$101.5K $16.92/SF
− OpEx
−$45.7K −$7.61/SF
NOI
$55.8K $9.31/SF
Area
St. Louis County, MO
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,116,720
Cap Rate 7%
$797,657
Cap Rate 9%
$620,400
Alternative Uses
Best Use
Retail
$1.15M
$1.01M – $1.35M
NOI $80,714 @ 7.0% cap · market cap 10.55%
Second Best
Mixed Use
$1.05M
$922.5K – $1.23M
NOI $73,798 @ 7.0% cap · market cap 9.65%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,139 @ 7.0% cap · market cap 11.78%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
12
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
414
Businesses Nearby
Explore this area
Business Placement
Demographics for 63111, MO
19,538
Population
10,541
Households
1.9
Avg Household Size
37
Median Age
19%
College-Educated
86%
High-School Grad
3.2 sq mi
ZIP Area
6,106
Density / Sq Mi
$43,295
Median Household Income
$33,114
Median Earnings
$846
Median Rent
$115,500
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial layout combines office, retail, and residential components within a substantially updated historic property.
Where is this mixed-use property located?
The property is located at 7714 S Broadway St Louis, MO.
What is the asking price?
The asking price for this property is $765,000.
What are key features of this property?
This property features: Approximately 6,000 square feet of commercial space with 12 offices, conference room, kitchen, and open retail area; Renovated in 2019; original construction dates to 1903; Two third‑floor apartments are leased, with an option for purchaser availability
