1219 S Main St 12,000 SF 100% Leased Retail Building Saint Charles, MO 63301 $6,900,000 ($575/SF) 9% Cap Rate

The Wine Garden at 1219 South Main Street presents a unique opportunity to acquire an established hospitality and entertainment destination with multiple existing buildings, on-site lodging, approved expansion plans, and future development potential. This property is across the street from Ameristar Casino!
Anchored by the operating Wine Garden, the property offers indoor and outdoor gathering and entertainment spaces designed for live music, private events, special programming, and memorable guest experiences. An existing on-site short-term rental adds a revenue-producing lodging component and creates opportunities for event packages, wedding parties, performers, and leisure travelers.
RARE ST. CHARLES HOSPITALITY & INVESTMENT OPPORTUNITY
3+ ACRES
Exceptional opportunity to acquire a 3+ acre hospitality and entertainment property in St. Charles, directly across from Ameristar Casino & Hotel and minutes from Historic Main Street. The property features three existing buildings, including an established, fully operating winery/wine garden and event venue, a high-performing 4-bedroom short-term rental/Airbnb, and an additional building with pre-approved plans for expanded lodging and retail use.
The offering also includes additional land with infrastructure already extended for future development, creating significant expansion potential. This is a rare opportunity to acquire an existing destination with multiple revenue streams today and substantial upside for additional hospitality, lodging, entertainment, or commercial development.
Highlights: Operating winery/wine garden & event venue • Income-producing Airbnb • Three existing buildings • 3+ acre site • Approved expansion plans • Infrastructure-ready development area • Across from Ameristar Casino & Hotel • Near Historic Main Street, Streets of St. Charles and the St. Charles Convention Center.
Sale Price: $6,900,000 | Financial information available to qualified buyers upon request.
Also included is an additional existing building with an approved plan for mixed-use redevelopment featuring short-term rental accommodations and retail space, providing a clear path for expanding both lodging capacity and commercial activity. Beyond the existing improvements, the property includes a future development area where infrastructure has already been extended to support additional expansion.
Ideally positioned near Historic St. Charles and the area’s thriving tourism and entertainment destinations, this one-of-a-kind property offers the opportunity to acquire an established destination today while building upon its hospitality, lodging, retail, and development potential for the future.
 
Contact agent for more details: 
Kim Richter?
314.333.9844?
krichter@mckelveyproperties.com