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Mixed-Use Property with Restaurant

9 W Allen St, Wentzville, MO 63385

For Sale
Contact for pricing

The upper level combines a leased apartment with office space and has its own entrance and utilities.

Property Size4,884 SF
Lot Size0.14 Acres
Price / SF$194.31
Days on Market12

Property Features for 9 W Allen St

General Information

Standard status Active
Size 4,884 SF
Total Parking Spaces 8
Lot size 0.14 Acres
Property subtype RETAIL

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1
Individually Metered Utilities unspecified utilities

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Furnished Yes
Business Included Yes
Equipment Included Yes

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Cornerstone Commercial Realty, Inc.
Listed By: Rob Salvino
Source: Moodyscre
Added: Oct 29 Changed: Nov 1 Last Checked: Nov 8 at 2:46AM

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 Cornerstone Commercial Realty, Inc.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 4,884-square-foot mixed-use property on 0.1427 acres has a restaurant on the first floor, with existing equipment and FF&E included subject to seller exclusions. A large prep kitchen provides additional food-preparation space. The second floor currently contains a leased two-bedroom, one-bath apartment, owner-used offices, and an additional half bath. The upstairs area has a separate entrance and utilities apart from the restaurant.

Eight dedicated parking stalls serve the property, with additional public parking nearby. The restaurant has operated since 1996. The second-floor layout could be changed to a larger living area with three to four bedrooms, one full bath, and one half bath. The City of Wentzville grant program is also noted for the property.

Key Highlights

  • 4,884 SF building on 0.1427 acres
  • First‑floor restaurant has operated since 1996; equipment and FF&E included, subject to seller exclusions
  • Large additional prep kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$60,231
Cap Rate
6.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,204,620 $1.2M
Cap Rate 7%
$860,443 $860.4K
Cap Rate 9%
$669,233 $669.2K
Market Conditions
NOI Build-Up for 4,884 SF
Gross rent
$110.8K $22.68/SF
− Vacancy
−$14.4K −$2.95/SF
EGI
$96.4K $19.73/SF
− OpEx
−$36.1K −$7.40/SF
NOI
$60.2K $12.33/SF
Area
St. Charles County, MO
Vacancy
13.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,204,620
Cap Rate 7%
$860,443
Cap Rate 9%
$669,233

Alternative Uses

Best Use
Specialty Retail
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,993 @ 7.0% cap · market cap 9.38%
Second Best
Mixed Use
$860.4K
$752.9K – $1.00M (±1% cap)
NOI $60,231 @ 7.0% cap · market cap 6.35%
Theoretical Best
Warehouse
$1.29M
$1.13M – $1.51M (±1% cap)
NOI $90,482 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Auto Parts Store Furniture & Home Goods Storage Facility Pharmacy Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

610
Businesses Nearby
24k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 41% Dining 41% Hotels & Casinos 18%
Conoco Shops & Services
6,366 visits/mo 0.2 miles
Parlor Doughnuts Dining
4,493 visits/mo 0.2 miles
Hallmark Shops & Services
3,256 visits/mo 0.4 miles
Holiday Inn Express & Suites Wentzville St Louis West Hotels & Casinos
2,645 visits/mo 0.4 miles
SUBWAY Dining
2,173 visits/mo 0.5 miles

Demographics for 63385, MO

47,756
Population
17,997
Households
2.7
Avg Household Size
36
Median Age
39%
College-Educated
95%
High-School Grad
66.8 sq mi
ZIP Area
715
Density / Sq Mi
$111,851
Median Household Income
$58,782
Median Earnings
$1,221
Median Rent
$321,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The upper level combines a leased apartment with office space and has its own entrance and utilities.
Where is this mixed-use property located?
The property is located at 9 W Allen St Wentzville, MO.
What is the asking price?
The asking price for this property is $949,000.
What are key features of this property?
This property features: 4,884 SF building on 0.1427 acres; First‑floor restaurant has operated since 1996; equipment and FF&E included, subject to seller exclusions; Large additional prep kitchen
(314) 494-4255 · Office Call to check price and availability
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