Mixed-Use Building with Coach
4500 West Pine Boulevard, Saint Louis, MO 63108
For Sale
$1,400,000
The commercial-residential layout includes multiple office rooms, meeting areas, and an adjacent coach house.
Property Size7,277 SF
Price / SF$192.39
Days on Market235
Property Features for 4500 West Pine Boulevard
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Coldwell Banker Realty - Gundaker
(314) 993-8000
Listed By:
Brian Elsesser
(314) 495-6520
Source:
Grassmuckrealty
Added: Mar 20
Changed: Nov 9
Last Checked: Nov 9 at 1:59AM
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 Coldwell Banker Realty - Gundaker
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Investment Insights
Based on property information with market context.
This 7,277-square-foot mixed-use property contains 13 office rooms, three meeting areas, and five bathrooms. Its layout supports both commercial and residential use, and the property includes off-street parking and an adjacent coach house. Built in 1908, the building is located at 4500 West Pine Boulevard in St. Louis, Missouri.
Key Highlights
- 7,277‑square‑foot building with commercial and residential use
- 13 office rooms and 3 meeting areas
- 5 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,504
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,790,080
$1.8M
Cap Rate 7%
$1,278,629
$1.3M
Cap Rate 9%
$994,489
$994.5K
Market Conditions
NOI Build-Up for 7,277 SF
Gross rent
$164.6K $22.62/SF
− Vacancy
−$21.4K −$2.94/SF
EGI
$143.2K $19.68/SF
− OpEx
−$53.7K −$7.38/SF
NOI
$89.5K $12.30/SF
Area
St. Louis County, MO
Vacancy
13.00%
Lease Rate
$22.62 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,790,080
Cap Rate 7%
$1,278,629
Cap Rate 9%
$994,489
Alternative Uses
Best Use
Mixed Use
$1.28M
$1.12M – $1.49M
NOI $89,504 @ 7.0% cap · market cap 6.39%
Second Best
Office B
$1.27M
$1.11M – $1.48M
NOI $88,805 @ 7.0% cap · market cap 6.34%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,324 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
7,346
Businesses Nearby
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Business Placement
Demographics for 63108, MO
23,603
Population
13,208
Households
1.8
Avg Household Size
30
Median Age
64%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
10,729
Density / Sq Mi
$56,933
Median Household Income
$47,284
Median Earnings
$1,140
Median Rent
$337,300
Median Home Value
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Market
Properties on Market for Mixed-use properties in Saint Louis
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The commercial-residential layout includes multiple office rooms, meeting areas, and an adjacent coach house.
Where is this mixed-use property located?
The property is located at 4500 West Pine Boulevard Saint Louis, MO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 7,277‑square‑foot building with commercial and residential use; 13 office rooms and 3 meeting areas; 5 bathrooms
