Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Live-Work Mixed-Use Building Opportunity Title is generated by Realmo AI

    3723 Commonwealth Avenue, Maplewood, MO 63143

    View on Map
    Claim this Listing
    For Sale
    Under Contract
    $975,000

    Contemporary,Historic, 2-4 Units - Maplewood, MO

    Property size:
    7,800 SF
    Lot size:
    0.37 Acres
    Price / SF:
    $125/SF
    Added:
    Apr 9, 2026
    Days on Market:
    56
    Last Refresh:
    Jun 3 at 6:06 pm

    Property Features for 3723 Commonwealth Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Exterior features
    Fencing
    Fencing
    Fenced
    Standard status
    Active Under Contract
    APN
    22J-51-0355
    Lot size
    0.37 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    10479

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1928
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Contemporary

    We can help!

    Listing Contact
    Patrice TenBroek

    Listing agent Patrice TenBroek License #2001008626

    Listing office RE/MAX Results 8081 Manchester Rd, Saint Louis, MO

    Listing date Apr 9, 2026

    MLS# 25074600 Listing URL

    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.

    HighLights

    • Unique live/work building in highly desirable Maplewood location.
    • Substantial 7800 +/- sq ft building with a renovated loft‑style 3‑bedroom/2‑bath living space on the 2nd floor.
    • Recent renovations including new roof, tuckpointing, HVAC, plumbing, and windows, ensuring low maintenance.
    • Ample parking with a parking lot and additional spaces, plus a 2‑car deep garage.
    • Excellent access to I‑40/I‑44, situated one block off Big Bend Blvd in a private cul‑de‑sac.
    • Separate 2‑story barn on the premises offers additional storage or potential for conversion into a rental apartment.

    Overview

    This distinctive mixed-use live-work building blends a contemporary renovation with historic character, offering substantial flexibility for both owner-users and investors. The property features a former light industrial configuration with open creative and work spaces on the first floor, plus a massive second-floor loft-style living space with three bedrooms and two bathrooms. Soaring ceilings on both levels and abundant natural light are supported by new windows throughout. Recent updates include a new roof, tuckpointing, and HVAC and plumbing improvements designed for lower maintenance. The building also includes a two-car-deep front garage that can serve as storage or potential additional income.

    The property is set on a private cul-de-sac just one block off Big Bend Boulevard, with convenient access to I-40/I-44. Parking is a strong feature, with a parking lot on the west side of the building and additional spaces available. The second floor is currently rented to traveling nurses, supporting an income-producing setup while leaving options for alternative use.

    With the first floor suited to business activity and the upper level designed for residential living, the layout supports multiple strategies: live upstairs and operate a business downstairs, lease the first floor to one or more businesses seeking a unique loft-style work environment, or lease the building as a whole. The property is also described as having PUD-permitted uses that include a three-bedroom apartment and co-working space up to 4,400 square feet per the City of Maplewood, providing a clear framework for operators and developers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coworking space

    Map

    City
    Maplewood
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.32346421
    Latitude
    38.60181913

    Nearby Similar for Sale

    • $975,000
      7,672 SF

      Unique Maplewood Live/Work Building

      Unique live/work building in Maplewood with many possibilities.
      3723 Commonwealth Avenue, Maplewood, MO 63143
      View Details
    • $385,000
      5,120 SF

      Mixed-Use Building in Maplewood, MO

      Mixed-use building with office, showroom, and service facility potential.
      2015 S Big Bend Boulevard, Maplewood, MO 63117
      View Details
    • Contact for pricing
      5,952 SF

      Maplewood Office Building for Sale

      Three-story office building with high-end finishes and ample parking.
      2000 S Hanley Rd, Maplewood, MO
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Unique renovated live-work building with open creative workspace and a large loft-style residence.
    Where is this mixed-use property located?
    The property is located at 3723 Commonwealth Avenue Maplewood, MO.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: Unique live/work building in highly desirable Maplewood location.; Substantial 7800 +/- sq ft building with a renovated loft‑style 3‑bedroom/2‑bath living space on the 2nd floor.; Recent renovations including new roof, tuckpointing, HVAC, plumbing, and windows, ensuring low maintenance.
    (314) 951-1905
    We can help!
    Listing Contact
    Patrice TenBroek
    Real Estate License ID: 2001008626
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3723 Commonwealth Avenue, Maplewood, MO 63143
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!