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27264852

825 Allen Ave., St. Louis, MO 63104 For Sale

AC
MO 2020018510
Marcus & Millichap
Listed by Marcus & Millichap
$798,939
295 days on market
Updated 71 days ago

825 Allen Ave. - Soulard Retail/Multifamily

Details
Property Type Multifamily, Retail
Sub Type Bar
Square Footage 2,730
Units 3
Cap Rate 8.5%
NOI $67,909
Occupancy 100%
Tenancy Multi
Lease Term 5
Lease Expiration 02/28/2031
Remaining Term 4.6
Rent Bumps Yes
Lease Options One 5-Year Option with 10% Rent Bump
Stories 3
Lot Size (SqFt) 1,396
Investment Type Value Add
Lease Commencement 03/01/2026

Multifamily | 3 Units | 8.5% CAP Rate

Marketing description

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 (New 5-Year Lease 3/1/2026-2/28/2031) 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 the ground level retail unit (3/1/2026 - 2/28/2031)

+ 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.

Listing Contacts

AC
MO 2020018510
Marcus & Millichap
Listed by Marcus & Millichap

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$67,909.00
$5,659.08/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

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Additional Information

Name
Alec Coronado
License
2020018510
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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