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3401 Chippewa St 5,647 SF 100% Leased Retail Building Saint Louis, MO 63118 For Sale
Investment Highlights
- Unique Design Build
Executive Summary
Immediate stream of income. Beautiful mix-use property. 5 residential units and 1 commercial space. Commercial space is a daycare on a lease paying $1250 per month. The 5 residential units bring in another $3,395 per month. There is 1 large efficiency unit, 1 one bedroom lofted unit, top 2 floors is a massive 2 bedroom townhome (a must see) and 2 two-bedroom townhouse units. Great back-yard courtyard with brick and landscaping. There are 5 parking spaces off street and plenty on on-street parking. Every square foot has central air and forced air heat. All units have w/d hook-up and some have fireplaces. All units occupied with long term, responsible tenants long term tenants.3 Tenants are Section 8. Do not let this property pass you up. This is not a typical building in the area. Shows well. Do not disturb tenants.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,647 SF
Building Class
C
Year Built
1920
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.26
Lot Size
0.50 AC
Zoning
Residential/Mixed-Use
Parking
5 Spaces (0.89 Spaces per 1,000 SF Leased)
Frontage
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1613-00-0300-7 | Total Assessment | $38,890 (2026) |
| Land Assessment | $5,010 (2026) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $33,880 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
1613-00-0300-7
Land Assessment
$5,010 (2026)
Improvements Assessment
$33,880 (2026)
Total Assessment
$38,890 (2026)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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3401 Chippewa St
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