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    Investment properties

    413 Main St, Saint Charles, MO 63301-3436

    2,297 SF 0.09 ac lot Built 1890
    Individually Owned 4-yr Hold Absentee Owner Free & Clear
    Property ID
    US48-0999738
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a unique blend of commercial and residential income streams. Located on Historic Main Street in Saint Charles, Missouri, directly across from Kister Park, this property offers 1 square foot of ground floor retail space currently leased through March 2027, ensuring immediate cash flow. The building also features two mid-term rental units upstairs, providing additional rental income and diversification. The asking price for this turnkey investment is $625,000. The property's prime location on Main Street offers high visibility and foot traffic, making it an ideal investment for both seasoned and new investors seeking a stable and potentially appreciating asset. The existing lease agreement on the retail space provides a secure income stream, while the upstairs residential units offer further rental income potential. The property is situated in the desirable St. Charles County, with a zip code of 63301, and benefits from the vibrant atmosphere of Historic Main Street and its proximity to Kister Park. This is a rare chance to acquire a well-positioned, income-generating property in a thriving Missouri community. The property's address is 413 S Main St, Saint Charles, MO.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1890
    Total area 2,297 SF
    Lot 0.09 ac (3,848 SF)
    APN 6-014A-B028-00-0008.0000000
    UPID US48-0999738
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Tamar N Fishman · 4 yrs held
    Tamar N Fishman
    since 2021
    Last sale
    $370,000
    3 recorded transactions
    2022
    2021
    2009
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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