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416 Main St Saint Charles, MO 63301-3302

Investment properties Google Maps
4,161 SF 0.12 ac lot Built 1870
Entity Owned 2-yr Hold ~ Est. High Equity
Estimated value (blended)
$995k
Range $896k – $1.09M (±10%)
Property ID US48-0254313

Property summary

AI-generated overview

This exceptional 1,350 square foot executive office space is located at 416 S. Main St, Saint Charles, Missouri, 63301. Situated above the Riverside Sweets Ice Cream shop, this second-floor office boasts a wrap-around deck offering stunning views of the Missouri Riverfront, Frontier Park, and Kister Park – perfect for enjoying the Fourth of July fireworks. The space features three entrances and three sides of windows, providing ample natural light. The property is fully leased, presenting a strong investment opportunity with a sale price of $1,325,000. Its prime location within the historic downtown walking district places it adjacent to Kister Park and in close proximity to county and city municipal buildings, the OPO Tech Center, the Katy Trail, a hospital, and over 30 restaurants. Furthermore, its convenient location offers easy access to St. Louis International Airport, approximately 15 minutes away. The asking price per square foot is $981.48. This property offers a unique blend of historical charm, modern convenience, and exceptional views, making it an ideal investment for discerning buyers.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1870
Total area 4,161 SF
Lot 0.12 ac (5,328 SF)
APN 6-014A-B015-00-0005.1000000
UPID US48-0254313

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$995k
CAP Approach CAP
$790k
Comparable Approach Comparable
$755k
Blend (final) Blend
$995k

Owner & transaction history

since 2024
Last sale
$995,000
3 recorded transactions
2024
$995,000
2017
Price N/A
2014
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $805,000 +32.1%
Retail stores $800,000 +30.7%
Auto repair, garage $720,000 +18.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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