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Historic St. Charles Office Space
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320 N 5 St, MO

Office space for lease in historic St. Charles City.

Property Size2,346 SF
Lot Size0.34 Acres
Price / SF$417.73
Days on Market265

Property Features for 320 N 5 St

General Information

Standard status Active
Size 2,346 SF
Lot size 0.34 Acres
Property subtype OFFICE
Listing Agency: McKelvey Properties
Listed By: Patricia McKelvey · License #MO-1999022633
Source: Moodyscre
Added: Nov 10, 2025 Changed: Jul 6 Last Checked: Jul 21 at 6:40AM

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 McKelvey Properties

Investment Insights

Based on property information with market context.

Office space ranging from 2,346 to 5,457 square feet is available for lease in the heart of historic St. Charles City. The property is located at the corner of Adams Street and North 5th Street, blocks from the courthouse, offering easy access to I-70. This location presents a great opportunity.

Key Highlights

  • Prime location in the heart of Historic St. Charles City.
  • Significant square footage available: 2,346‑5,457 SF.
  • Great opportunity for an owner user.

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 $51.5k $21.96
− Vacancy −$9.1k −$3.89
EGI $42.4k $18.07
− OpEx −$10.6k −$4.52
NOI $31.8k $13.55
2,346 SF · lease $21.96/SF/yr · vacancy 17.70% · expense 25.00%

Alternative Uses

Best Use
Office B
$454.3K
$397.5K – $530.0K (±1% cap)
NOI $31,800 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$518.4K
$453.6K – $604.8K (±1% cap)
NOI $36,285 @ 7.0% cap · market cap 3.70%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office space for lease in historic St. Charles City.
Where is this office units located?
The property is located at 320 N 5 St MO.
What is the asking price?
The asking price for this property is $980,000.
What are key features of this property?
This property features: Prime location in the heart of Historic St. Charles City.; Significant square footage available: 2,346‑5,457 SF.; Great opportunity for an owner user.
(636) 448-1294 Call to check price and availability
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