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Retail and Apartment Building
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1126 N 2nd St, Saint Charles, MO 63301

Mixed-use building with ground-floor retail/office space and three upper-floor apartments, offered as-is and needing full rehab.

Property Size2,969 SF
Price / SF$110.81
Days on Market21

Property Features for 1126 N 2nd St

General Information

Standard status Active
Size 2,969 SF
Property subtype RETAIL

Additional Details

Multifamily Units 3
Listing Agency: Shockley Commercial/Industrial
Listed By: Trevor Shockley
Source: Moodyscre
Added: Jul 10 Changed: Jul 28 Last Checked: Jul 29 at 12:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Shockley Commercial/Industrial

Investment Insights

Based on property information with market context.

This mixed-use property contains approximately 2,969 square feet with retail/office space on the main level and three apartments on the upper floors. The building is offered for sale as-is and needs full rehab.

The property is located at 1126 N 2nd St in St. Charles, MO, described as down the street from the new St. Charles City Hall and Historic Main Street.

The layout provides a combined income setup with street-level commercial space and separate residential units above, though the condition will require significant renovation to bring it to marketable use.

Key Highlights

  • Mixed‑use building with 2,969 SF total, including ground‑floor retail/office and three upper‑floor apartments
  • Upper floors include 3 apartments
  • Main level offers retail/office space

Financial Insights For Apartment 5plus

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 $57.0k $19.20
− Vacancy −$2.9k −$0.96
EGI $54.2k $18.24
− OpEx −$24.4k −$8.21
NOI $29.8k $10.03
2,969 SF · lease $19.20/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Retail
$585.8K
$512.6K – $683.5K (±1% cap)
NOI $41,008 @ 7.0% cap · market cap 12.46%
Second Best
Office B
$525.9K
$460.2K – $613.6K (±1% cap)
NOI $36,816 @ 7.0% cap · market cap 11.19%
Theoretical Best
Warehouse
$785.8K
$687.6K – $916.7K (±1% cap)
NOI $55,004 @ 7.0% cap · market cap 16.72%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Home Appliance Store Grocery & Convenience Store Locksmith Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,007
Businesses Nearby

Demographics for 63301, MO

50,890
Population
22,687
Households
2.2
Avg Household Size
39
Median Age
39%
College-Educated
94%
High-School Grad
84.3 sq mi
ZIP Area
604
Density / Sq Mi
$83,551
Median Household Income
$46,433
Median Earnings
$1,093
Median Rent
$249,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Mixed-use building with ground-floor retail/office space and three upper-floor apartments, offered as-is and needing full rehab.
Where is this triplex located?
The property is located at 1126 N 2nd St Saint Charles, MO.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Mixed‑use building with 2,969 SF total, including ground‑floor retail/office and three upper‑floor apartments; Upper floors include 3 apartments; Main level offers retail/office space
(314) 280-5037 Call to check price and availability
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