Renovated Mixed-Use
For Sale
$895,000
2700 Macklind Avenue, Saint Louis, MO 63139
Commercial Sale, St Louis, MO
Property Size4,320 SF
Lot Size0.03 Acres
Price / SF$207.18
Days on Market59
Property Features for 2700 Macklind Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Subdivision
St Louis Heights
Standard status
Active
APN
4065-00-0530-7
Lot size
0.03 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9933
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1896
Building materials
Brick
Listing Agency:
Invest St. Louis
(314) 325-6201
Listed By:
Jordan Schoen
(314) 255-5117
Added: Aug 21
Changed: Oct 18
Last Checked: Oct 18 at 11:06AM
MLS# 26047261
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.
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Investment Insights
Based on property information with market context.
Built in 1896, this 4,320-square-foot brick property brings together two apartments and two commercial suites within a renovated mixed-use building. The commercial areas feature restored tin ceilings, carpeting, kitchens, bathrooms, and replacement storefront windows and doors. Residential improvements include updated kitchens and bathrooms, refinished hardwood flooring, fixtures, and interior finishes.
Property upgrades also include electrical and plumbing improvements, tuckpointing, and new sidewalks along the front of the building. The building sits on 0.0318 acres along the Macklind Avenue business corridor in St. Louis, near The Hill. Forced-air heating and central air are in place, supporting both the residential and commercial components.
Property upgrades also include electrical and plumbing improvements, tuckpointing, and new sidewalks along the front of the building. The building sits on 0.0318 acres along the Macklind Avenue business corridor in St. Louis, near The Hill. Forced-air heating and central air are in place, supporting both the residential and commercial components.
Key Highlights
- 4,320‑square‑foot mixed‑use building with 2 apartments and 2 commercial suites
- Renovated commercial suites include kitchens, bathrooms, carpeting, and restored tin ceilings
- Apartments feature updated kitchens and bathrooms plus refinished hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,114
Cap Rate
6.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,162,280
$1.2M
Cap Rate 7%
$830,200
$830.2K
Cap Rate 9%
$645,711
$645.7K
Market Conditions
NOI Build-Up for 4,320 SF
Gross rent
$96.4K $22.32/SF
− Vacancy
−$13.4K −$3.10/SF
EGI
$83.0K $19.22/SF
− OpEx
−$24.9K −$5.77/SF
NOI
$58.1K $13.45/SF
Area
St. Louis County, MO
Vacancy
13.90%
Lease Rate
$22.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,162,280
Cap Rate 7%
$830,200
Cap Rate 9%
$645,711
Alternative Uses
Best Use
Retail
$830.2K
$726.4K – $968.6K
NOI $58,114 @ 7.0% cap · market cap 6.49%
Second Best
Mixed Use
$759.1K
$664.2K – $885.6K
NOI $53,134 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$927.1K
$811.3K – $1.08M
NOI $64,900 @ 7.0% cap · market cap 7.25%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
877
Businesses Nearby
Explore this area
Business Placement
Demographics for 63139, MO
21,971
Population
12,187
Households
1.8
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
5,782
Density / Sq Mi
$74,749
Median Household Income
$52,298
Median Earnings
$1,086
Median Rent
$199,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Four rentable spaces combine residential and commercial occupancy in an established neighborhood business district.
Where is this mixed-use property located?
The property is located at 2700 Macklind Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: 4,320‑square‑foot mixed‑use building with 2 apartments and 2 commercial suites; Renovated commercial suites include kitchens, bathrooms, carpeting, and restored tin ceilings; Apartments feature updated kitchens and bathrooms plus refinished hardwood floors
