Historic Mixed-Use
For Sale
$1,550,000
213 N Main Street, Saint Charles, MO 63301
A ground-floor resale shop operates alongside apartments and short-term rental units on the upper floors.
Property Size4,524 SF
Price / SF$342.62
Days on Market88
Property Features for 213 N Main Street
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%
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Mixed-Use Components
retail, residential
Taxes and HOA fees
Annual Taxes
$8,837
Building Details
Building Size
4,524 SF
Year Built
1890
Buildings
1
Stories
2
Construction
brick
Tenancy
Multi
Listing Agency:
Manor Real Estate
Listed By:
Ben Cherry · License #2006018085
(314) 647-6611
Source:
Flowershomerealty
Added: Jul 29
Changed: Oct 23
Last Checked: Oct 23 at 1:26PM
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
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Investment Insights
Based on property information with market context.
Built in 1890, this brick mixed-use property contains 4,524 square feet. The ground floor is occupied by Reset, a clothing and shoe resale retailer, while the upper levels include apartments and short-term rental units. The property combines retail and residential uses in one building, with a reported 5.35% cap rate.
At 213 N Main Street, the building is in Saint Charles’ Historic Main Street District, near the Missouri Riverfront, Frontier Park, and the First Missouri State Capitol Historic Site. The area includes shops, restaurants, and seasonal events. Reported nearby traffic is 77,283 vehicles per day, and the property has a Walk Score of 79/100.
At 213 N Main Street, the building is in Saint Charles’ Historic Main Street District, near the Missouri Riverfront, Frontier Park, and the First Missouri State Capitol Historic Site. The area includes shops, restaurants, and seasonal events. Reported nearby traffic is 77,283 vehicles per day, and the property has a Walk Score of 79/100.
Key Highlights
- 4,524‑square‑foot brick building constructed in 1890
- Ground‑floor clothing and shoe resale retailer operating as Reset
- Upper floors include apartments and short‑term rental units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,486
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,249,720
$1.2M
Cap Rate 7%
$892,657
$892.7K
Cap Rate 9%
$694,289
$694.3K
Market Conditions
NOI Build-Up for 4,524 SF
Gross rent
$102.6K $22.68/SF
− Vacancy
−$13.3K −$2.95/SF
EGI
$89.3K $19.73/SF
− OpEx
−$26.8K −$5.92/SF
NOI
$62.5K $13.81/SF
Area
St. Charles County, MO
Vacancy
13.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,249,720
Cap Rate 7%
$892,657
Cap Rate 9%
$694,289
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.
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Current Use
Lease Details
Multi-tenant
Tenancy
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A ground-floor resale shop operates alongside apartments and short-term rental units on the upper floors.
Where is this mixed-use property located?
The property is located at 213 N Main Street 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 brick building constructed in 1890; Ground‑floor clothing and shoe resale retailer operating as Reset; Upper floors include apartments and short‑term rental units
