USAMOSaint CharlesCity/st Charles213 N Main St

New

$1,550,000

For Sale

2 days ago

213 N Main St, Saint Charles, MO

Name: 213 N Main St, For Sale in Saint Charles - eXp Realty
Brand: Manor Real Estate
SKU: 26048604
Price: 1550000 USD

House

MLS® 26048604

0 Bed

0 Bath

Key Facts
Description
Map

Key Facts

Type

Levels Commercial Sale

Size -

Garage

Taxes $8,837

Days Active 2

Lot Size 0.0861 Acres

Approx. Age 1890

MLS® Number 26048604

Property Address: 213 N Main St, Saint Charles, MO, 63301-2858

Average square foot calculated using Size range provided by listing agent.

Description

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.

MLS® Number26048604

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1890

Basement

Driveway

Garage Spaces

Heat

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jul 29, 2026List Date

$1,550,000List Price

Commute

Commute

Starting Address

Destination Address

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