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$950,000
26048619 MLS ⋅ ACTIVE Status
334 N Main Street presents a rare opportunity to acquire a historic, income-producing mixed-use building in the heart of downtown St. Charles. Originally constructed in 1835, this brick building totals approximately 5,712 square feet across two floors plus a full lower level of approximately 2,850 square feet, situated on a 0.093-acre parcel with direct N Main Street frontage. The upper floor is fully utilized as Airbnb and shorter-term apartment units, generating a true net operating income of approximately $42,000. The first floor offers approximately 2,862 square feet of turn-key gym space – a dramatic 90-foot-deep open floor plate with two private offices and a restroom – supported by locker rooms and showers in the lower level. This space is being marketed for lease at $25.00 per square foot NNN; a signed gym tenant would add roughly $70,000 of annual income, more than doubling NOI and giving an investor immediate, executable upside on day one. At the $950,000 asking price, that translates to approximately $166 per square foot – well below replacement cost for historic Main Street product. Zoned General Commercial (AB2), the property supports a broad range of retail, service, fitness, hospitality, and residential uses. The location benefits from 77,283 vehicles per day along the adjacent Riverside Drive corridor and a Walk Score of 79, reflecting the district’s exceptional year-round pedestrian activity. Downtown St. Charles draws millions of visitors annually with its brick-paved streets, riverfront festivals – including the nationally recognized Christmas Traditions celebration – and its position along the Missouri River and Katy Trail. Neighbors include Mov on Main, Climb So iLL at the Steel Shop, and the district’s dense collection of boutiques, restaurants, wineries, and entertainment venues, with SSM Health St. Joseph Hospital anchoring the corridor to the south. With stabilized short-term rental income upstairs, a turn-key gym opportunity below, and irreplaceable Main Street real estate, 334 N Main is a compelling acquisition for investors seeking both current cash flow and meaningful near-term growth.

334 N Main St, St Charles
$800,000
26048597 MLS ⋅ ACTIVE Status
Positioned in the heart of Saint Charles’ Historic Main Street District, 138 N Main Street offers investors a rare combination of stable in-place income and significant value-add upside. This circa-1890 brick building totals 5,077 square feet on a 0.16-acre parcel with 28 feet of Main Street frontage and Central Business District (AA4) zoning that supports a wide range of commercial and residential uses. The ground floor is anchored by La Tia and Pancho’s Cantina Grill, a beloved local restaurant that has operated at this location for a full decade. The tenant generates $45,000 in annual net operating income, providing dependable day-one cash flow at an attractive 5.6% cap rate on the $800,000 asking price. The real story, however, is the untapped potential upstairs. The second and third floors are primed for renovation into apartment units, allowing an investor to capitalize on strong demand for downtown living along one of the region’s most walkable corridors (79/100 Walk Score). Converting the upper floors to residential would meaningfully increase income while diversifying the rent roll across commercial and multifamily uses, an increasingly rare opportunity in a district where historic buildings seldom trade hands. Historic Main Street draws visitors year-round for its brick-paved streetscape, boutique shopping, dining, and signature festivals, including the nationally recognized Christmas Traditions celebration. The property sits steps from the Missouri Riverfront, Frontier Park, and the First Missouri State Capitol Historic Site, with a traffic count of 77,283 vehicles per day nearby. Ongoing public and private investment throughout downtown Saint Charles continues to strengthen values, with the surrounding neighborhood appreciating 10% over the last two years. Whether held as a stabilized income asset with a proven restaurant tenant or repositioned as a fully realized mixed-use retail-and-residential property, 138 N Main Street represents a compelling investment opportunity in an irreplaceable, high-visibility location on one of Missouri’s most celebrated commercial corridors.

138 N Main St, St Charles
$975,000
26022127 MLS ⋅ ACTIVE Status
803 S Main presents a rare opportunity to acquire a premier Main Street property with exceptional versatility. This distinctive building is well-suited for a variety of uses, including mixed-use retail and potential for residential, short-term rentals such as possible Airbnb, event or wedding venue space, and more—all positioned within one of Missouri’s most vibrant and high-traffic tourism corridors. Situated directly on Historic Main Street in St. Charles, the property benefits from consistent foot traffic and outstanding visibility, fueled by year-round festivals and events that draw tens of thousands of visitors each year. The location supports a strong and loyal customer base, proven to have a successful business, and a strong street presence. This is a high-quality asset offering retail opportunity with significant upside potential. It is ideally suited for an owner-operator seeking a retail location, or an experienced investor looking to capitalize on a well-established property with built-in demand, apartment potential for additional income!

803 S Main St, St Charles