Historic Multi-Tenant Retail
For Sale
Contact for pricing
904-908 S 4th St St., Louis, MO 63102
Historic 1899 retail building renovated in 2020, offering multi-tenant space with 95% occupancy.
Property Size22,000 SF
Price / SF$179.55
Days on Market91
Property Features for 904-908 S 4th St St.
General Information
Standard status
Active
Size
22,000 SF
Property subtype
RETAIL
Occupancy
95%
Building Details
Year Built
1899
Year Renovated
2020
Construction
historic
Tenancy
Multi
Listing Agency:
SVN/Infinity Commercial Group
(314) 503-3344
Listed By:
Mark Zvibleman · License #MO 1999023724
(314) 503-3344
Source:
Moodyscre
Added: May 4
Changed: Jul 28
Last Checked: Aug 1 at 5:00AM
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 SVN/Infinity Commercial Group
Investment Insights
Based on property information with market context.
This historic multi-tenant retail building was built in 1899 and was renovated in 2020 for modern functionality. The property contains approximately 22,000 square feet and is configured as a multi-tenant mix, supporting diverse rental potential. Current performance is reflected in an impressive 95% occupancy rate.
The building is located at 904-908 S 4th St in downtown St. Louis, Missouri, placing the asset within a vibrant downtown setting. The combination of original historic character and recent renovation makes it well-suited for tenants seeking a distinctive storefront environment within an active urban retail corridor.
The building is located at 904-908 S 4th St in downtown St. Louis, Missouri, placing the asset within a vibrant downtown setting. The combination of original historic character and recent renovation makes it well-suited for tenants seeking a distinctive storefront environment within an active urban retail corridor.
Key Highlights
- 22,000 SF historic building built in 1899
- Beautifully renovated in 2020 for modern functionality
- Multi‑tenant mix designed for diverse rental potential
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 | $491.0k | $22.32 |
| − Vacancy | −$68.3k | −$3.10 |
| EGI | $422.8k | $19.22 |
| − OpEx | −$126.8k | −$5.77 |
| NOI | $295.9k | $13.45 |
22,000 SF · lease $22.32/SF/yr · vacancy 13.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.23M
$3.70M – $4.93M
NOI $295,950 @ 7.0% cap · market cap 7.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.72M
$4.13M – $5.51M
NOI $330,511 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
95%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,519
Businesses Nearby
49k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 35%
Home Improvements & Furnishings 1%
White Castle
Dining
15,917 visits/mo
0.1 miles
BP
Shops & Services
14,364 visits/mo
0.1 miles
Taco Bell
Dining
11,689 visits/mo
0.0 miles
Rally's
Dining
3,276 visits/mo
0.1 miles
Public Storage
Shops & Services
1,888 visits/mo
0.3 miles
Demographics for 63102, MO
2,508
Population
1,986
Households
1.3
Avg Household Size
34
Median Age
48%
College-Educated
93%
High-School Grad
1.4 sq mi
ZIP Area
1,791
Density / Sq Mi
$60,313
Median Household Income
$50,063
Median Earnings
$1,253
Median Rent
$179,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Historic 1899 retail building renovated in 2020, offering multi-tenant space with 95% occupancy.
Where is this retail space located?
The property is located at 904-908 S 4th St St. Louis, MO.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 22,000 SF historic building built in 1899; Beautifully renovated in 2020 for modern functionality; Multi‑tenant mix designed for diverse rental potential
