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1609-1619 North Broadway
Saint Louis, MO 63102
Broadway Lofts · Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- 11 existing units + 1 adjacent commercial building (expandable to 16 total units)
- 2024 full renovation: new electrical, HVAC, plumbing, windows, and finishes
- 10'–12' ceilings and original industrial character retained
- Substantial rent growth potential in an emerging submarket
- Off-street parking for tenants and commercial users
- Turnkey mechanicals and modern interiors with strong aesthetic appeal
EXECUTIVE SUMMARY
11 Units + Mixed-Use Commercial | Expandable to 16 Units
Investment Summary:
Exceptional opportunity to acquire a renovated, income-producing mixed-use property with substantial rent upside and future development potential. Originally constructed in 1898 as an industrial warehouse, Broadway Lofts has been tastefully converted into modern residential lofts and commercial spaces—combining architectural character with strong cash flow fundamentals.
The property underwent a major renovation in 2024, including new systems and eight fully upgraded residential units. With flexible mixed-use zoning and an adjacent 5,000 sq. ft. commercial building ready for conversion, investors can add up to five more apartment units, creating a 16-unit value-add portfolio in one of North Riverfront’s most rapidly improving corridors.
Investment Summary:
Exceptional opportunity to acquire a renovated, income-producing mixed-use property with substantial rent upside and future development potential. Originally constructed in 1898 as an industrial warehouse, Broadway Lofts has been tastefully converted into modern residential lofts and commercial spaces—combining architectural character with strong cash flow fundamentals.
The property underwent a major renovation in 2024, including new systems and eight fully upgraded residential units. With flexible mixed-use zoning and an adjacent 5,000 sq. ft. commercial building ready for conversion, investors can add up to five more apartment units, creating a 16-unit value-add portfolio in one of North Riverfront’s most rapidly improving corridors.
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Refrigerator
- Oven
SITE AMENITIES
- 24 Hour Access
PROPERTY TAXES
| Parcel Number | 0607-00-0020-7 | Improvements Assessment | $17,050 |
| Land Assessment | $2,250 | Total Assessment | $19,300 |
PROPERTY TAXES
Parcel Number
0607-00-0020-7
Land Assessment
$2,250
Improvements Assessment
$17,050
Total Assessment
$19,300
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