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Mixed-Use

Soulard Multifamily/Retail Building

825 Allen Ave, St. Louis, MO 63104

Listing Price: $798,939

Cap Rate
8.50%
Occupancy
100.0%

Investment Overview

Marcus & Millichap is pleased to present a fee simple opportunity for 825 Allen Avenue, a fully occupied mixed-use property in St. Louis, Missouri. This asset combines ground-floor retail space with rental apartment units above, offering investors a diversified income stream and long-term stability. The property is 100 percent leased, providing immediate in-place cash flow supported by both commercial and residential tenants.

The property is prominently located in a highly visible corridor within the St. Louis market. Its position offers strong daily traffic counts, direct access to major roadways, and proximity to downtown St. Louis, cultural attractions, and established residential communities. The location enhances both the retail appeal on the ground floor and the desirability of the rental units above.

With its blend of retail and residential uses, the building appeals to a wide range of tenants and ensures a balanced rent roll. The diverse tenant mix provides built-in protection against market fluctuations, while the 100 percent occupancy rate underscores the property’s strong demand and competitive positioning in the market.

This offering represents a compelling opportunity for investors seeking a stable, fully leased, income-producing asset in a core St. Louis location. With its combination of steady cash flow, excellent visibility, and long-term growth potential, 825 Allen Avenue stands out as a rare chance to acquire a well-maintained, fully occupied mixed-use building. Strategically located near the intersection of I-44 and I-55, which collectively accommodate over 280,000 vehicles per day, providing exceptional visibility and connectivity.

Investment Highlights

  • Well-Maintained Mixed-Use Asset –Features ground-floor retail with rental apartments above, combining stable commercial and residential income streams. New 5-Year Lease for ground floor Retail Tenant.
  • Prime St. Louis Location – Situated in a vibrant St. Louis neighborhood, Soulard, with convenient access to downtown, major highways, cultural destinations, and established residential communities.
  • 100% Occupied – Fully leased property delivering immediate, reliable cash flow with both retail and residential tenants in place.
  • High Visibility & Foot Traffic – Prominent frontage and neighborhood positioning support long -term retail demand and strong tenant exposure.
  • Established Income Stream – Current tenancy provides durable income across multiple uses, offering built -in diversification for investors.
  • Diverse Tenant Mix – Retail tenants on the ground floor and fully occupied apartments above create a balanced rent roll and consistent occupancy.

Exclusively Listed By

Financing By

Mixed-Use

Soulard Multifamily/Retail Building

Investment Highlights

  • Well-Maintained Mixed-Use Asset –Features ground-floor retail with rental apartments above, combining stable commercial and residential income streams. New 5-Year Lease for ground floor Retail Tenant.
  • Prime St. Louis Location – Situated in a vibrant St. Louis neighborhood, Soulard, with convenient access to downtown, major highways, cultural destinations, and established residential communities.
  • 100% Occupied – Fully leased property delivering immediate, reliable cash flow with both retail and residential tenants in place.
  • High Visibility & Foot Traffic – Prominent frontage and neighborhood positioning support long -term retail demand and strong tenant exposure.
  • Established Income Stream – Current tenancy provides durable income across multiple uses, offering built -in diversification for investors.
  • Diverse Tenant Mix – Retail tenants on the ground floor and fully occupied apartments above create a balanced rent roll and consistent occupancy.

Investment Overview

Marcus & Millichap is pleased to present a fee simple opportunity for 825 Allen Avenue, a fully occupied mixed-use property in St. Louis, Missouri. This asset combines ground-floor retail space with rental apartment units above, offering investors a diversified income stream and long-term stability. The property is 100 percent leased, providing immediate in-place cash flow supported by both commercial and residential tenants. The property is prominently located in a highly visible corridor within the St. Louis market. Its position offers strong daily traffic counts, direct access to major roadways, and proximity to downtown St. Louis, cultural attractions, and established residential communities. The location enhances both the retail appeal on the ground floor and the desirability of the rental units above. With its blend of retail and residential uses, the building appeals to a wide range of tenants and ensures a balanced rent roll. The diverse tenant mix provides built-in protection against market fluctuations, while the 100 percent occupancy rate underscores the property’s strong demand and competitive positioning in the market. This offering represents a compelling opportunity for investors seeking a stable, fully leased, income-producing asset in a core St. Louis location. With its combination of steady cash flow, excellent visibility, and long-term growth potential, 825 Allen Avenue stands out as a rare chance to acquire a well-maintained, fully occupied mixed-use building. Strategically located near the intersection of I-44 and I-55, which collectively accommodate over 280,000 vehicles per day, providing exceptional visibility and connectivity.

Exclusively Listed By

Financing By

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