Brick Mixed-Use
New
For Sale
$1,550,000
213 N Main St, Saint Charles, MO 63301
Retail space and upper-level apartment and Airbnb rentals create a diversified income-producing property.
Property Size4,524 SF
Price / SF$342.62
Days on Market4
Property Features for 213 N Main St
General Information
Standard status
Active
Size
4,524 SF
Property subtype
Commercial
Net Operating Income
$83,000
Financials
Asking Price
$1,550,000
Cap Rate
5.35%
Site & Location
Traffic Count
77,283 vehicles/day
Road Access
Yes
Building Details
Year Built
1890
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
Manor Real Estate
(217) 641-2995
Listed By:
Ben Cherry () · License #2006018085
Source:
Farlowrealestateexperts
Added: Jul 30
Changed: Jul 31
Last Checked: Aug 1 at 7:20AM
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.
Built in 1890, this brick mixed-use building contains 4,524 square feet with retail space on the ground floor and apartment and Airbnb rentals above. The property includes an established clothing and shoe resale retailer, creating a commercial component alongside residential income uses. The asset is reported at a 5.35% cap rate.
Located at 213 N Main Street in Saint Charles’ Historic Main Street District, the property is steps from the Missouri Riverfront, Frontier Park, and the First Missouri State Capitol Historic Site. The surrounding district includes boutique shopping, dining, brick-paved streets, and seasonal festivals. Nearby traffic is reported at 77,283 vehicles per day, and the property has a Walk Score of 79/100.
Located at 213 N Main Street in Saint Charles’ Historic Main Street District, the property is steps from the Missouri Riverfront, Frontier Park, and the First Missouri State Capitol Historic Site. The surrounding district includes boutique shopping, dining, brick-paved streets, and seasonal festivals. Nearby traffic is reported at 77,283 vehicles per day, and the property has a Walk Score of 79/100.
Key Highlights
- 4,524‑square‑foot mixed‑use building with retail space and upper‑level apartment and Airbnb rentals
- Circa‑1890 brick construction
- Ground‑floor Reset clothing and shoe resale retailer
Financial Insights For Retail
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 | $102.6k | $22.68 |
| − Vacancy | −$13.3k | −$2.95 |
| EGI | $89.3k | $19.73 |
| − OpEx | −$26.8k | −$5.92 |
| NOI | $62.5k | $13.81 |
4,524 SF · lease $22.68/SF/yr · vacancy 13.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$892.7K
$781.1K – $1.04M
NOI $62,486 @ 7.0% cap · market cap 4.03%
Second Best
Mixed Use
$797.0K
$697.4K – $929.9K
NOI $55,791 @ 7.0% cap · market cap 3.60%
Theoretical Best
Warehouse
$1.20M
$1.05M – $1.40M
NOI $83,812 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
77,283 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,657
Businesses Nearby
Explore this area
Business Placement
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 Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Retail space and upper-level apartment and Airbnb rentals create a diversified income-producing property.
Where is this mixed-use property located?
The property is located at 213 N Main St Saint Charles, MO.
What is the asking price?
The asking price for this property is $1,550,000.
What are key features of this property?
This property features: 4,524‑square‑foot mixed‑use building with retail space and upper‑level apartment and Airbnb rentals; Circa‑1890 brick construction; Ground‑floor Reset clothing and shoe resale retailer
