Refine Search
Map
Sort by
$1,550,000
26048604 MLS ⋅ ACTIVE Status
Located in the heart of Saint Charles’ Historic Main Street District, 213 N Main Street presents a rare opportunity to acquire a fully stabilized, income-producing mixed-use asset in one of Missouri’s most vibrant and heavily visited commercial corridors. This circa-1890 brick building offers 4,524 square feet of well-utilized space and generates a true net operating income of approximately $83,000 annually, translating to an attractive 5.35% cap rate at the $1,550,000 asking price. The ground floor is home to Reset, an established clothing and shoe resale retailer that benefits from the district’s steady, year-round foot traffic. Above the retail level, the upper units operate as income-producing apartment and Airbnb rentals, capitalizing on Saint Charles’ thriving tourism economy and persistent demand for short-term accommodations near the riverfront. This blend of retail and residential income creates a diversified rent roll that insulates ownership from single-tenant risk and delivers dependable cash flow from day one. Unlike value-add offerings that require capital and lease-up time, 213 N Main is a turnkey investment: the work has been done, the income is in place, and a new owner simply steps into a performing asset in an irreplaceable location. Historic Main Street draws visitors year-round with 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 nearby traffic count of 77,283 vehicles per day and a Walk Score of 79/100. Downtown Saint Charles continues to benefit from sustained public and private investment, and surrounding values have appreciated 10% over the past two years. For investors seeking stable, diversified income with long-term appreciation in a proven historic district where buildings rarely trade hands, 213 N Main Street is a compelling, low-friction addition to any portfolio.

213 N Main St, St Charles
$298,000
3 Beds ⋅ 2 Baths ⋅ 26043090 MLS ⋅ ACTIVE Status
Great opportunity to own a newer construction home with Timeless Charm! This beautifully updated home blends modern convenience with old-world character in a highly desirable location near Frenchtown. Step inside to an open floor plan filled with natural light, featuring new luxury vinyl flooring, stylish kitchen cabinetry, quartz countertops, and a modern tile backsplash. The main level offers a convenient half bath and spacious area for entertaining. Upstairs, you'll find three spacious bedrooms, a full bath, and the added convenience of second-floor laundry. Ceiling fans throughout provide comfort and efficiency. The partially finished lower level offers a versatile office or sleeping area, tall ceilings, abundant storage space, and a brand-new HVAC system (2026). Enjoy the best of St. Charles living with easy access to Lindenwood University, Frenchtown and St. Charles Historic District with charming coffee shops, local restaurants, and boutiques, plus nearby access to the Boschert Greenway for walking, biking, and outdoor recreation plus enjoy the nearby Blanchette Park! This move-in ready home combines modern updates, functional living space, and an unbeatable location! Parking to view is accessible from N 5th St to Wood St. There is also a stepping trail for access to front of home off 4th St.

1319 N 4th St, St Charles