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25470985
25470986

3312-3320 Meramec, St. Louis, MO 63118

JL
MO 884660054
$625,000
309 days on market
Updated 70 days ago
Opportunity zone

3312-3320 Meramec

Details
APN 2652-00-0070-7
Property Type Retail, Multifamily (+1)
Sub Type Storefront, Apartment Building
Square Footage 15,064
Net Rentable (SqFt) 15,065
Units 11
Cap Rate 8.82%
NOI $55,108
Occupancy 91%
Tenancy Multi
Pro-Forma Cap Rate 15.43%
Pro-Forma NOI $96,448
Price per SqFt $41
Broker Co-Op Yes
Class C
Year Built 1905
Year Renovated (est) 1990-99
Buildings 1
Stories 2
Lot Size (SqFt) 7,044
Zoning residential and commercial
Parking Spaces 10 spaces
Parking Per SqFt 0.66
Investment Type Value Add
Occupancy Date 07/27/2025
Ownership Private

Mixed Use Building in the heart of downtown Dutchtown

Marketing description

Amazing opportunity to own a turnkey 11 unit mixed use building in the heart of the
Downtown Dutchtown business district. Six commercial units are home to local businesses and five spacious apartments with high ceilings, original woodwork and some skylights and some (nonfunctional) fireplaces occupied with one available for viewing, units have walkout to street level in the front and the parking lot in the back.

Home to a beauty and barber shop, a bakery in progress of build out, and various apparel and accessory stores, this building is in the perfect location. Tenants are stable, pay on time, and manage their own repairs and maintenence. Many tenants have been in place nearly a decade or more.

This building offers a rare chance to establish a presence in a neighborhood on the upswing. The mix of commercial storefronts and residential units provides multiple income streams, with significant value-add potential through strategic renovation, leasing improvements, and creative tenant curation. Whether you envision boutique retail, local services, or mission-driven enterprises at street level—and modern, affordable housing or artist lofts above—this building can anchor your investment in both community and cash flow.

Listing Contacts

JL
MO 884660054

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$55,108.00
$4,592.33/mo

Valuation Metrics

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DSCR
8.82%
Cap Rate
8.82%
ROI

Map

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Additional Information

Name
Junior Lara
License
2023011586
Brokerage
Real Broker LLC
Brokerage Phone
314.625.2437
Title
Broker of Record
Name
Junior Lara
License
884660054
Brokerage
Real Broker LLC
Brokerage Phone
3146253427
Title
aGENT
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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