Renovated Mixed-Use Building For
3950-3954 W Pine Blvd St Saint Louis, MO
3950-3954 W Pine Blvd St, Saint Louis, MO, 00000
Contact for pricing
For Sale
Contact for pricing
Renovated mixed-use building with apartments and commercial spaces.
Property Size10,000 SF
Lot Size0.20 Acres
Price / SF$165
Days on Market1024
Property Features for 3950-3954 W Pine Blvd St
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 0.20 Acres
- Property subtype
- MULTIFAMILY
Listing agency
Schlafly Corporation
(314) 725-2414
Listed by
August Schlafly
(314) 725-2414
Source
Moodyscre
Added: Oct 2, 2023 Updated: Jul 6 at 10:17AM Checked: Jul 20 at 4:03AM
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 Schlafly Corporation
Investment Insights
Based on property information with market context.
This is a 10,000 square foot renovated building located in the Central West End. The mixed-use property is income-producing, featuring 6 apartment units on the second floor and 2 commercial spaces on the first floor. The building has been fully renovated and includes exposed brick, high ceilings, and abundant natural light. Parking is available. The property is located near SLU, Cortex, hospitals, IKEA, and City Foundry.
Key Highlights
- Income‑producing property with 6 apartment units and 2 commercial spaces.
- Fully renovated building.
- Prime location in Central West End near SLU, Cortex, hospitals, IKEA, and City Foundry.
Local Financial Insights For Retail
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 | $223.2k | $22.32 |
| − Vacancy | −$31.0k | −$3.10 |
| EGI | $192.2k | $19.22 |
| − OpEx | −$57.7k | −$5.77 |
| NOI | $134.5k | $13.45 |
10,000 SF · lease $22.32/SF/yr · vacancy 13.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.92M
$1.68M – $2.24M
NOI $134,523 @ 7.0% cap · market cap 8.15%
Second Best
Mixed Use
$1.76M
$1.54M – $2.05M
NOI $122,996 @ 7.0% cap · market cap 7.45%
Theoretical Best
Office A
$2.15M
$1.88M – $2.50M
NOI $150,232 @ 7.0% cap · market cap 9.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Renovated mixed-use building with apartments and commercial spaces.
Where is this mixed-use property located?
The property is located at 3950-3954 W Pine Blvd St Saint Louis, MO.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: Income‑producing property with 6 apartment units and 2 commercial spaces.; Fully renovated building.; Prime location in Central West End near SLU, Cortex, hospitals, IKEA, and City Foundry.
