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Historic Brick Office Building

203 W Booneslick Road Warrenton, MO 63383

203 W Booneslick Road, Warrenton, MO, 63383
$235,000
For Sale
$235,000

COMMERCIAL - Warrenton, MO

Property Size1,528 SF
Lot Size0.18 Acres
Price / SF$153.80
Days on Market48

Property Features for 203 W Booneslick Road

General Information

Property type
Commercial Sale
Property subtype
Office
Appliances
Dishwasher, Electric Range, Refrigerator, Gas Water Heater
Standard status
Active
APN
05-28.0-2-17-006.000.000
Lot size
0.18 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
1786

Utilities

Utilities
Propane
Heating system
Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Year built
1920
Building materials
Brick
Listing agency Westbound Real Estate LLC
Listed by Phil Reid · License #1999015911
Added: Jun 5 Updated: Jul 22 at 4:36PM Checked: Jul 22 at 7:06PM
MLS# 26013425

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

Located at 203 W Booneslick Road in Warrenton, MO, this historic, all-brick building was constructed in 1920 and retains much of its original character. Interior highlights include a spacious dining area with natural light, high ceilings, and a butler’s pantry. The current layout includes 2 bedrooms and 1 bathroom, with an attic that can support additional storage or living space, plus a full basement for expanded utility.

Zoned C2, the building offers flexibility for a variety of commercial uses, including potential conversion into an office or storefront. A covered front porch provides an inviting entry, and a gravel lot at the rear can support parking or future improvements.

Key Highlights

  • 1,528 SF historic all‑brick building built in 1920 on Main Street
  • C2 zoning
  • Layout includes dining area plus 2 bedrooms and 1 bathroom

Local 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 local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Grocery & Convenience Store Bakery Garden Center Cafe & Coffee Shop Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Built in 1920, this historic brick building features high ceilings, original woodwork, and a full basement.
Where is this office building located?
The property is located at 203 W Booneslick Road 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: 1,528 SF historic all‑brick building built in 1920 on Main Street; C2 zoning; Layout includes dining area plus 2 bedrooms and 1 bathroom
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