825 Allen Ave
Saint Louis, MO 63104
Commerce de détail Propriété À vendre

825 Allen Avenue presents a rare opportunity to acquire a fully leased, income-producing mixed-use property in the vibrant Soulard neighborhood of St. Louis. This well-maintained building combines ground-floor retail space with rental apartments above, creating a diversified income stream and strong tenant retention. The property’s 100% occupancy underscores its competitive positioning and appeal to both commercial and residential tenants.
Strategically located near the intersection of I-44 and I-55, the site benefits from exceptional visibility and connectivity, with over 280,000 vehicles passing daily. Its prime location offers proximity to downtown St. Louis, cultural attractions, and established residential communities, ensuring consistent foot traffic and long-term retail demand. The surrounding area is known for its historic charm, thriving nightlife, and walkable amenities, making it highly desirable for residents and businesses alike.
Recent financials indicate a solid NOI of $64,489 and an 8% cap rate, supported by a balanced rent roll across retail and residential uses. This asset is ideal for investors seeking stability, immediate cash flow, and long-term growth potential in one of St. Louis’ most dynamic neighborhoods.