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    St Charles Commercial Condominium Title is generated by Realmo AI

    601-621 1st Capitol Dr, MO

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    Commercial condominium with high traffic and easy highway access.

    Type:RETAIL
    Property size:
    800 SF
    Lot size:
    0.91 Acres
    Price / SF:
    $173/SF
    Added:
    Nov 14, 2025
    Days on Market:
    231
    Last Refresh:
    May 20 at 9:44 pm

    Property Features for 601-621 1st Capitol Dr

    General Information

    Standard status
    Active
    Size
    800 SF
    Lot size
    0.91 Acres
    Property subtype
    RETAIL

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    Mark C Ottinger
    Mark C Ottinger

    Listing office Alexander Realty, Inc.

    Listing date Nov 14, 2025

    Source Moodyscre

    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 Alexander Realty, Inc.

    HighLights

    • High‑traffic location between W 5th St and Hwy 94 in St Charles.
    • Easy access to Hwy 70.
    • Versatile space suitable for retail, office, wellness, or professional services.
    • Newer electric panel and meter.
    • No occupancy required for the new owner.
    • Building facelift coming to the front, parking lot and lawn regularly cared for.

    Overview

    This commercial condominium, situated between West 5th Street and Highway 94 in St. Charles, offers a rare opportunity for business owners. The location benefits from high traffic and easy access to Highway 70. The 800-square-foot property is suitable for retail, office, wellness, or professional services. A new owner is not required to occupy the space, only tenant occupants. The property features a newer electric panel and meter. A facelift is planned for the front of the building, and the parking lot and lawn are regularly maintained. The property is being sold as a commercial space only. Inventory and fixtures are not included in the sale price, though some items are negotiable.

    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 $18.4k $23.04
    − Vacancy −$756 −$0.94
    EGI $17.7k $22.10
    − OpEx −$5.3k −$6.63
    NOI $12.4k $15.47
    800 SF · lease $23.04/SF/yr · vacancy 4.10% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $176.8K
    $154.7K – $206.2K (±1% cap)
    NOI $12,373 @ 7.0% cap · market cap 8.90%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    FAQs

    What type of property is this?
    Retail space - Commercial condominium with high traffic and easy highway access.
    Where is this retail space located?
    The property is located at 601-621 1st Capitol Dr MO.
    What is the asking price?
    The asking price for this property is $139,000.
    What are key features of this property?
    This property features: High‑traffic location between W 5th St and Hwy 94 in St Charles.; Easy access to Hwy 70.; Versatile space suitable for retail, office, wellness, or professional services.
    (636) 669-1717 Call to check price and availability
    More about this property
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