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Mixed-Use Building with Apartment
For Sale
$139,000

318 Broadway Street, Elsberry, MO 63343

Ground-floor office or retail space is paired with an updated upstairs residence.

Property SizeContact for details
Days on Market109

Property Features for 318 Broadway Street

General Information

Standard status Active
Property subtype Commercial

Units

Unit Mix 1 x 1BR
Multifamily Units 1

Additional Details

Mixed-Use Components retail, residential

Taxes and HOA fees

Annual Taxes $863

Building Details

Year Built 1920
Buildings 1
Stories 2
Listing Agency: Cathlee's Real Estate
Listed By: Chase Zancauske · License #2011005814
Source: Cathlees
Added: Jul 8 Changed: Oct 23 Last Checked: Oct 23 at 5:24PM

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 Cathlee's Real Estate

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Investment Insights

Based on property information with market context.

This two-level mixed-use property combines approximately 1,000 square feet of office or retail space at street level with a one-bedroom apartment above. The commercial floor has a storefront. Updates include flooring, paint, lighting, a renovated bathroom, electrical work, windows, doors, wall-mounted air conditioning and heating. The apartment has new kitchen cabinets, countertops and appliances, along with two mini-split systems; its layout may accommodate a second bedroom.

Built in 1920, the building is located at 318 Broadway Street in Elsberry, Missouri. The adjacent vacant lot is not part of the offering.

Key Highlights

  • Approximately 1,000 square feet of ground‑floor office or retail space with a storefront
  • Upper‑level one‑bedroom apartment with potential for a second bedroom
  • Apartment improvements include kitchen cabinets, countertops, appliances, and two mini‑split systems

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Garden Center Grocery & Convenience Store Auto Repair Shop

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby
21k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Casey's General Store Shops & Services
8,639 visits/mo 0.2 miles
FedEx Office Print & Ship Center Shops & Services
4,291 visits/mo 0.5 miles
Family Dollar Shops & Services
2,753 visits/mo 0.2 miles
Shell Shops & Services
2,620 visits/mo 0.2 miles
People's United Bank Shops & Services
1,623 visits/mo 0.1 miles

Demographics for 63343, MO

4,459
Population
1,849
Households
2.4
Avg Household Size
43
Median Age
15%
College-Educated
91%
High-School Grad
111.4 sq mi
ZIP Area
40
Density / Sq Mi
$71,523
Median Household Income
$40,727
Median Earnings
$933
Median Rent
$149,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor office or retail space is paired with an updated upstairs residence.
Where is this mixed-use property located?
The property is located at 318 Broadway Street Elsberry, MO.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Approximately 1,000 square feet of ground‑floor office or retail space with a storefront; Upper‑level one‑bedroom apartment with potential for a second bedroom; Apartment improvements include kitchen cabinets, countertops, appliances, and two mini‑split systems
More about this property
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