413 Main StSaint Charles, MO 63301

Property Details for 413 Main St

Year built

1890

Lot size

0.09 AC

Property size (Sq ft)

2,297 SF

Property type

Investment properties

Property subtype

Live-work space

APN

6-014A-B028-00-0008.0000000

APU

6014AB0280000080000000

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $614,543

  6.5%

  $567,270

  7%

  $526,751

• Comparable approach

  Method

  Valuation

  Relative Method

  $179,074

  Geo Method

  $179,074

• Alternative Use

  Use

  Valuation

  Residential

  $703,415

  Hospitality

  $644,324

  Educational

  $536,070

  Medical

  $554,507

  Retail

  $833,887

Location Insight

City

Saint Charles

County

St. Charles

State

Missouri

Latitude

38.7784

Longitude

-90.4832

CBSA code

41180

CBSA name

ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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