Historic Mixed-Use Main Street
For Sale
Contact for pricing
334 N Main Street, Saint Charles, MO 63301
Two-story brick property combines short-term apartments with a ready-to-use fitness layout and supporting lower-level amenities.
Property Size5,712 SF
Lot Size0.09 Acres
Price / SF$166.32
Days on Market9
Property Features for 334 N Main Street
General Information
Standard status
Active
Size
5,712 SF
Lot size
0.09 Acres
Property subtype
Mixed Use
Zoning
Gen Com-Ab2
Net Operating Income
$42,000
Additional Details
Asking Price
$950,000
Amenities
locker rooms
showers
private offices
restroom
Building Details
Year Built
1835
Buildings
1
Stories
2
Tenancy
Multi
Construction
brick
Listing Agency:
Manor Real Estate
(314) 647-6611
Listed By:
Jack Junker · License #2025011926
Source:
Crexi
Added: Jul 29
Changed: Aug 5
Last Checked: Aug 5 at 7:07AM
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 1835, this brick mixed-use property contains approximately 5,712 square feet over two floors, plus a full lower level of approximately 2,850 square feet. The upper level is configured for Airbnb and shorter-term apartment units. At street level, approximately 2,862 square feet is arranged as open gym space with a 90-foot-deep floor plate, two private offices, and a restroom. The lower level adds locker rooms and showers. The property occupies a 0.093-acre parcel with direct frontage along N Main Street and is zoned Gen Com-Ab2, supporting retail, service, fitness, hospitality, and residential uses.
Key Highlights
- 5,712‑square‑foot mixed‑use building with approximately 2,850‑square‑foot lower level
- Constructed in 1835 with brick exterior and two‑floor configuration
- Upper level contains Airbnb and shorter‑term apartment units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$78,895
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,577,900
$1.6M
Cap Rate 7%
$1,127,071
$1.1M
Cap Rate 9%
$876,611
$876.6K
Market Conditions
NOI Build-Up for 5,712 SF
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.
Gross rent
$129.5K $22.68/SF
− Vacancy
−$16.8K −$2.95/SF
EGI
$112.7K $19.73/SF
− OpEx
−$33.8K −$5.92/SF
NOI
$78.9K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,577,900
Cap Rate 7%
$1,127,071
Cap Rate 9%
$876,611
Alternative Uses
Best Use
Retail
$1.13M
$986.2K – $1.31M
NOI $78,895 @ 7.0% cap · market cap 8.30%
Second Best
Mixed Use
$1.01M
$880.5K – $1.17M
NOI $70,442 @ 7.0% cap · market cap 7.41%
Theoretical Best
Warehouse
$1.51M
$1.32M – $1.76M
NOI $105,821 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,553
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 - Two-story brick property combines short-term apartments with a ready-to-use fitness layout and supporting lower-level amenities.
Where is this mixed-use property located?
The property is located at 334 N Main Street Saint Charles, MO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 5,712‑square‑foot mixed‑use building with approximately 2,850‑square‑foot lower level; Constructed in 1835 with brick exterior and two‑floor configuration; Upper level contains Airbnb and shorter‑term apartment units
