Two-Story Mixed-Use
For Sale
$575,000
1909 N Service Rd E, Saint Clair, MO 63077
Two-level commercial building with an operating restaurant upstairs and a drive-through-equipped lower floor.
Property Size4,800 SF
Lot Size2.80 Acres
Price / SF$119.79
Days on Market60
Property Features for 1909 N Service Rd E
General Information
Standard status
Active
Size
4,800 SF
Lot size
2.80 Acres
Site & Location
Drive-Thru
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$6,602
Building Details
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Dolan, Realtors
(636) 583-5900
Listed By:
Terri Kile
(314) 322-4020
Source:
Exprealty
Added: Aug 26
Changed: Oct 21
Last Checked: Oct 23 at 7:45AM
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 Dolan, Realtors
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Investment Insights
Based on property information with market context.
This two-story mixed-use property contains approximately 4,800 SF, with about 2,400 SF on each level. The upper floor is leased to a Mexican restaurant, while the lower floor was previously occupied by a dispensary and includes security glass and a drive-through window. Signage and paved parking serve the building.
Set on 2.8 acres in Saint Clair, the property offers visibility from I-44 and is near the I-44 and Hwy 47 intersection. Its location and existing improvements support continued restaurant use across the upper level and a separately configured commercial space below.
Set on 2.8 acres in Saint Clair, the property offers visibility from I-44 and is near the I-44 and Hwy 47 intersection. Its location and existing improvements support continued restaurant use across the upper level and a separately configured commercial space below.
Key Highlights
- 2.8‑acre commercial property in Saint Clair, MO
- Approximately 4,800 SF across two levels, with 2,400 SF per floor
- Upper level leased to a Mexican restaurant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,146
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,042,920
$1.0M
Cap Rate 7%
$744,943
$744.9K
Cap Rate 9%
$579,400
$579.4K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$72.6K $15.12/SF
− Vacancy
−$3.0K −$0.64/SF
EGI
$69.5K $14.48/SF
− OpEx
−$17.4K −$3.62/SF
NOI
$52.1K $10.86/SF
Area
Franklin County, MO
Vacancy
4.20%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,042,920
Cap Rate 7%
$744,943
Cap Rate 9%
$579,400
Alternative Uses
Best Use
Specialty Retail
$744.9K
$651.8K – $869.1K
NOI $52,146 @ 7.0% cap · market cap 9.07%
Second Best
Mixed Use
$678.9K
$594.0K – $792.0K
NOI $47,520 @ 7.0% cap · market cap 8.26%
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $98,919 @ 7.0% cap · market cap 17.20%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
59k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 67%
Shops & Services 32%
Hotels & Casinos 1%
McDonald's
Dining
28,572 visits/mo
0.5 miles
Phillips 66
Shops & Services
19,051 visits/mo
0.5 miles
Burger King
Dining
10,749 visits/mo
0.5 miles
Super 8 St. Clair MO
Hotels & Casinos
698 visits/mo
0.4 miles
Demographics for 63077, MO
11,874
Population
5,392
Households
2.2
Avg Household Size
40
Median Age
13%
College-Educated
87%
High-School Grad
87.7 sq mi
ZIP Area
135
Density / Sq Mi
$56,458
Median Household Income
$39,167
Median Earnings
$869
Median Rent
$161,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level commercial building with an operating restaurant upstairs and a drive-through-equipped lower floor.
Where is this mixed-use property located?
The property is located at 1909 N Service Rd E Saint Clair, MO.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2.8‑acre commercial property in Saint Clair, MO; Approximately 4,800 SF across two levels, with 2,400 SF per floor; Upper level leased to a Mexican restaurant
