8035 N Broadway St Louis, MO 63147

This 100% leased mixed-use building in St. Louis City presents a turnkey investment opportunity with potential for added value. The building, constructed in 1850, has been well-maintained by its current and previous owners and tenants. In 2023, significant renovations were completed, including tuckpointing and foundation reinforcement with new joists, load-bearing beams, and footings. The 2025 net operating income was approximately $30,000, with a gross income of $37,200 for the year. The main level features a daycare facility, formed by combining two units, currently leased at $1,700 per month on a gross lease with scheduled rent increases. The tenant is responsible for all repairs and utilities, including water, sewer, power, and trash. The daycare was fully renovated less than 10 years ago. The second level contains two 2-bedroom/1 bath units, one with in-unit laundry. Unit A is month to month at $750 per month, and Unit B is month to month at $650 per month; tenants cover all utilities. Paved parking is available in the back of the building. The north building entrance is gated with secure access and a play area for the daycare. The property is located near local businesses, including Events on Broadway, Laundry Detergent (AKA the SOAP SHOP), City Wide Convenience Store, Me-N-U Barber Shop & Beauty Salon, resale stores, and a brewery. The nearest park with a playground is less than 1 mile away, and Busche Park is 0.6 miles away. The location provides convenient access to I-70 and I-270.