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Renovated Creative Space
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3353 Roger Pl, Saint Louis, MO 63116

Single-story commercial workspace with Neighborhood Commercial-F zoning and updated improvements.

Property Size3,338 SF
Price / SF$157.28
Days on Market583

Property Features for 3353 Roger Pl

General Information

Standard status Active
Size 3,338 SF
Property subtype RETAIL
Listing Agency: Manor Real Estate
Listed By: Caleb B Anthonis · License #475207195
Source: Moodyscre
Added: Mar 12, 2025 Changed: Oct 3 Last Checked: Oct 12 at 7:47PM

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 Manor Real Estate

Investment Insights

Based on property information with market context.

This single-story creative workspace provides 3,338 square feet for office, studio, or other commercially oriented operations. Originally constructed in 1937, the building received renovation work completed in 2017, combining its established structure with more recent improvements.

Neighborhood Commercial-F zoning allows a variety of uses, including offices, creative studios, and boutique retail. The property also offers 125 feet of frontage and recorded exposure to 21,513 vehicles per day. Its configuration supports businesses seeking a distinctive workspace or an owner-user property with flexible commercial application.

Key Highlights

  • 3,338 SF creative office building
  • Single‑story building originally built in 1937
  • Renovation completed in 2017

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$40,735
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$814,700 $814.7K
Cap Rate 7%
$581,929 $581.9K
Cap Rate 9%
$452,611 $452.6K
Market Conditions
NOI Build-Up for 3,338 SF
Gross rent
$74.5K $22.32/SF
− Vacancy
−$20.2K −$6.05/SF
EGI
$54.3K $16.27/SF
− OpEx
−$13.6K −$4.07/SF
NOI
$40.7K $12.20/SF
Area
St. Louis County, MO
Vacancy
27.10%
Lease Rate
$22.32 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$814,700
Cap Rate 7%
$581,929
Cap Rate 9%
$452,611

Alternative Uses

Best Use
Office B
$581.9K
$509.2K – $678.9K (±1% cap)
NOI $40,735 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$716.4K
$626.9K – $835.8K (±1% cap)
NOI $50,148 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Creative space

Suggested Use

Top Pick Law Firm Dental Office Parking Lot & Garage HVAC Service Skin Care Clinic Electrical Service

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

Location Intelligence

Trade Area within ½ mile

1,067
Businesses Nearby

Demographics for 63116, MO

41,959
Population
22,394
Households
1.9
Avg Household Size
37
Median Age
37%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
7,770
Density / Sq Mi
$60,193
Median Household Income
$42,012
Median Earnings
$946
Median Rent
$161,100
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?
Creative space - Single-story commercial workspace with Neighborhood Commercial-F zoning and updated improvements.
Where is this creative space located?
The property is located at 3353 Roger Pl Saint Louis, MO.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 3,338 SF creative office building; Single‑story building originally built in 1937; Renovation completed in 2017
(636) 578-7627 Call to check price and availability
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