Mixed-Use Property with Restaurant
For Sale
$899,000
4916 Shaw Avenue, Saint Louis, MO 63110
Three distinct spaces combine restaurant, recording studio, and warehouse uses, with the warehouse currently leased.
Property Size6,400 SF
Price / SF$140.47
Days on Market249
Property Features for 4916 Shaw Avenue
General Information
Standard status
Active
Size
6,400 SF
Total Parking Spaces
6
Property subtype
Commercial
Additional Details
Road Access
Yes
Warehouse Space
2,500 SF
Tenant in Place
Yes
Property Use
Flex
Taxes and HOA fees
Annual Taxes
$5,646
Building Details
Building Size
6,400 SF
Year Built
1943
Buildings
1
Stories
1
Listing Agency:
Manor Real Estate
Listed By:
Ben Cherry · License #2006018085
(314) 647-6611
Source:
Flowershomerealty
Added: Feb 17
Changed: Oct 23
Last Checked: Oct 23 at 1:26PM
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
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Investment Insights
Based on property information with market context.
This 6,400-square-foot mixed-use property, built in 1943, contains three separate spaces: a 2,000-square-foot restaurant, a 1,500-square-foot recording studio, and a 2,500-square-foot warehouse. The warehouse is currently leased. Six on-site parking spaces serve the property.
The property has frontage on Shaw Avenue and Kingshighway, in St. Louis’ Hill neighborhood.
The property has frontage on Shaw Avenue and Kingshighway, in St. Louis’ Hill neighborhood.
Key Highlights
- 6,400 square feet across three spaces
- 2,000‑square‑foot restaurant space
- 1,500‑square‑foot recording studio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,718
Cap Rate
8.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,574,360
$1.6M
Cap Rate 7%
$1,124,543
$1.1M
Cap Rate 9%
$874,644
$874.6K
Market Conditions
NOI Build-Up for 6,400 SF
Gross rent
$144.8K $22.62/SF
− Vacancy
−$18.8K −$2.94/SF
EGI
$125.9K $19.68/SF
− OpEx
−$47.2K −$7.38/SF
NOI
$78.7K $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%
$1,574,360
Cap Rate 7%
$1,124,543
Cap Rate 9%
$874,644
Alternative Uses
Best Use
Mixed Use
$1.12M
$984.0K – $1.31M
NOI $78,718 @ 7.0% cap · market cap 8.76%
Second Best
Warehouse
$440.1K
$385.1K – $513.5K
NOI $30,808 @ 7.0% cap · market cap 3.43%
Theoretical Best
Office A
$1.37M
$1.20M – $1.60M
NOI $96,149 @ 7.0% cap · market cap 10.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
844
Businesses Nearby
Explore this area
Business Placement
Demographics for 63110, MO
18,199
Population
10,260
Households
1.8
Avg Household Size
33
Median Age
64%
College-Educated
97%
High-School Grad
6.6 sq mi
ZIP Area
2,757
Density / Sq Mi
$73,809
Median Household Income
$55,340
Median Earnings
$1,183
Median Rent
$314,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three distinct spaces combine restaurant, recording studio, and warehouse uses, with the warehouse currently leased.
Where is this mixed-use property located?
The property is located at 4916 Shaw Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 6,400 square feet across three spaces; 2,000‑square‑foot restaurant space; 1,500‑square‑foot recording studio
