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Historic All-Brick Office Building
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203 W Booneslick Rd, Warrenton, MO 63383

Historic all-brick office building with high ceilings, natural light, and a covered front porch plus large rear parking area.

Property Size1,528 SF
Price / SF$153.80
Days on Market137

Property Features for 203 W Booneslick Rd

General Information

Standard status Active
Size 1,528 SF
Property subtype OFFICE

Additional Details

Road Access Yes

Amenities

original woodwork
butler pantry
high ceilings
natural light
covered front porch
attic
basement

Building Details

Buildings 1
Construction brick
Listing Agency: Westbound Real Estate
Listed By: Phil Reid · License #1999015911
Source: Moodyscre
Added: Mar 16 Changed: Jul 29 Last Checked: Jul 29 at 8:01PM

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 Westbound Real Estate

Investment Insights

Based on property information with market context.

Historic all-brick building at 203 W Booneslick Rd offers flexibility for a small office and other compatible uses. Interior details include original woodwork, a butler pantry, high ceilings, and plenty of natural light. The layout also includes a covered front porch, with an attic and basement that can be used for additional expansion or storage.

A large parking area in the rear supports convenient day-to-day access, and the property is described as being in a high-visibility area with steady traffic flow that may benefit a small business. The property also notes a “no grass to mow” maintenance benefit.

With approximately 1,528 SF, this is a compact option for operators seeking a character-rich building and the ability to adapt upper and lower space for storage or additional needs.

Key Highlights

  • Historic all‑brick building with original woodwork and butler pantry
  • High ceilings and tons of natural light inside
  • Covered front porch

Financial Insights For Office B

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 $35.2k $23.04
− Vacancy −$7.7k −$5.07
EGI $27.5k $17.97
− OpEx −$6.9k −$4.49
NOI $20.6k $13.48
1,528 SF · lease $23.04/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$294.2K
$257.4K – $343.3K (±1% cap)
NOI $20,595 @ 7.0% cap · market cap 8.76%
Second Best
Retail
$205.9K
$180.2K – $240.3K (±1% cap)
NOI $14,416 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$377.9K
$330.7K – $440.9K (±1% cap)
NOI $26,452 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Bakery Garden Center

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby

Demographics for 63383, MO

15,340
Population
6,523
Households
2.4
Avg Household Size
41
Median Age
17%
College-Educated
90%
High-School Grad
160.1 sq mi
ZIP Area
96
Density / Sq Mi
$75,833
Median Household Income
$39,152
Median Earnings
$1,021
Median Rent
$227,600
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?
Office building - Historic all-brick office building with high ceilings, natural light, and a covered front porch plus large rear parking area.
Where is this office building located?
The property is located at 203 W Booneslick Rd Warrenton, MO.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Historic all‑brick building with original woodwork and butler pantry; High ceilings and tons of natural light inside; Covered front porch
(314) 486-8642 Call to check price and availability
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