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    Renovated Mixed-Use Historic Building Title is generated by Realmo AI

    7714 S Broadway St, Louis, MO 63111

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    For Sale
    $765,000

    Commercial Sale - St Louis, MO

    Property size:
    7,680 SF
    Lot size:
    0.12 Acres
    Price / SF:
    $99/SF
    Added:
    Jun 4, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 4 at 6:06 am

    Property Features for 7714 S Broadway St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking features
    Driveway, Open, Parking Lot
    Standard status
    Active
    APN
    3117-00-0135-7
    Size
    7,680 SF
    Lot size
    0.12 Acres

    Taxes and HOA fees

    Tax Year
    2022
    Tax Annual Amount
    2003

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1903
    Building materials
    Brick, Wood Siding
    Architectural style
    Other

    We can help!

    Listing Contact
    Jaymes Dearing
    Jaymes Dearing

    Listing agent Jaymes Dearing License #2019025453

    Listing office RE Source PM, LLC 3101 Mt. Pleasant, St. Louis, MO

    Listing date Jun 4, 2026

    MLS# 26034402 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

    • Completely rebuilt and fully renovated mixed‑use historic building with 6,000 SF of commercial space; all new/replaced in 2019
    • 6,000 SF commercial layout includes kitchen, 2 handicap accessible bathrooms, 12 offices, a conference room, and an open retail space
    • Three basements included but not counted in the 6,000 SF square footage
    • Parking lot includes concrete lot with 20 spaces, plus driveway/open parking lot parking features
    • Upstairs 3rd‑floor apartments are rented with leases, with an option to become available for the purchaser if needed
    • Currently earns $5,450/month from 8 occupied spaces; potential additional $2,400/month from 4 vacant spaces

    Overview

    This completely rebuilt and fully renovated mixed-use historic building was updated in 2019, with replaced components throughout. The commercial offering includes a versatile layout featuring a kitchen, two handicap-accessible bathrooms, 12 offices, a conference room, and an open retail space, along with three basements that are not included in the stated square footage.

    The property spans multiple addresses and includes a concrete parking lot with 20 spaces. It is located in the business district of Carondelet, with St. Louis Square Park just steps away. Daily conveniences are accessible along Bates Street, and public transit is available via the Broadway and Holden bus stop. Notre Dame High School is also nearby.

    As currently configured, the building is generating $5,450 per month in income for the eight occupied spaces, with the possibility of an additional $2,400 per month for the remaining four vacant spaces, as stated in the remarks. The two apartments upstairs on the 3rd floor are rented under leases, with an option for the purchaser to take availability if needed. The commercial space can be leased, and the offering notes terms of $8 per SF modified gross, or $4,000 per month, subject to the applicable lease structure.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.2590111
    Latitude
    38.5461901

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    FAQs

    What type of property is this?
    Mixed-use property - Renovated mixed-use building with renovated commercial space, upstairs apartments, and a 20-space concrete parking lot.
    Where is this mixed-use property located?
    The property is located at 7714 S Broadway St Louis, MO.
    What is the asking price?
    The asking price for this property is $765,000.
    What are key features of this property?
    This property features: Completely rebuilt and fully renovated mixed‑use historic building with 6,000 SF of commercial space; all new/replaced in 2019; 6,000 SF commercial layout includes kitchen, 2 handicap accessible bathrooms, 12 offices, a conference room, and an open retail space; Three basements included but not counted in the 6,000 SF square footage
    (314) 351-4099
    We can help!
    Listing Contact
    Jaymes Dearing
    Jaymes Dearing
    Real Estate License ID: 2019025453
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    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.

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