- For Sale $365,000
- Property Type Mixed Use
- Property Size 4,006 SF
- Lot Size 0.07 Acre
- Cap Rate % 9.66
- Rental Income / YR $44,340.00
- NOI / YR $35,272.00
- Taxes / YR $2,908.00
- Zoning F-Neighborhood Commercial
- # of Floors 2
- Average Floor Size 2,003 SF
- Property Tenancy Multi-Tenant
- Year Built 1906
- Date Updated May 13, 2025
- Visibility/Traffic Count (VPD) 1,952
This is a free-standing mixed-use mercantile and apartment building located in a quiet residential area of Hamilton Heights. The property spans approximately 4,006 square feet and is on a 3,080-square-foot lot.
The ground floor is currently leased to a daycare, which utilizes the fenced-in rear yard as a playground. Precious Circle of Friends Learning, the current tenant, has been renting the property since 2022. They hold a 5-year lease that expires on February 28, 2027, paying $2,500 per month on a triple net (NNN) basis. The daycare is licensed to care for 28 children from birth to 5 years old.
On the second floor, there is a two-bedroom apartment. According to Trulia, market rents for similar apartments range from $1,000 to $1,500 monthly, making this an attractive investment opportunity.
Available tax incentives include:
- Opportunity Zone
- HUB Zone
- HUD Qualifying Census Tract
- Enterprise Zone
- Community Economic Need Grants
Reach out to the broker for more info on lease terms and amenities
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Contacts
Location
Getting Around
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Walk Score ®
54/100 Somewhat Walkable
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Transit Score ®
47/100 Some Transit
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Bike Score ®
45/100 Somewhat Bikeable
- City Saint Louis, MO
- Neighborhood Hamilton Heights
- Zip Code 63112
- Market St Louis
Points of Interest
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Delmar Loop
1.29 miles
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Delmar Loop Metrolink
1.34 miles
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Leland Avenue
1.59 miles
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University City Library
1.69 miles
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Forest Park - DeBaliviere Metrolink
1.73 miles
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Skinker
1.82 miles
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Missouri History Museum/Forest Park
1.99 miles
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The Wild Station
2.55 miles
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Discovery Corner Station
2.58 miles
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Clayton
3.45 miles
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BP
1.31 miles
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Mobil
1.94 miles
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QuickTrip
2.62 miles
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Phillips 66
2.67 miles
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Stevenson's Hi-Pointe Service
2.95 miles
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Tesla Supercharger
3.95 miles
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ChargePoint
4.43 miles
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Electric Car Charging Station
4.50 miles
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EVgo Charging Station
5.55 miles
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EV Connect
5.88 miles
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Municipal Lot #1
1.51 miles
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Municipal Lot #3
1.53 miles
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Municipal Lot #4
1.58 miles
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University City Public Library Parking Lot
1.66 miles
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Throop Parking Facility
2.03 miles
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South Campus Garage (SCG)
2.07 miles
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Twin Lots
2.11 miles
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The Racquet Club parking lot
2.14 miles
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Snow Way Parking Garage
2.15 miles
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Parking lot (JJ)
2.24 miles
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Budget Inn
1.15 miles
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Moonrise Hotel
1.38 miles
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Carousel Motel
2.01 miles
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The Royal Sonesta Chase Park Plaza St. Louis
2.37 miles
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AC Hotel St. Louis Central/West End
2.40 miles
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Holiday Inn Express
2.54 miles
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DoubleTree by Hilton
2.76 miles
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Ritz-Carlton Hotel St. Louis
2.95 miles
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Cheshire Inn
2.98 miles
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Hampton Inn & Suites St. Louis at Forest Park
3.02 miles
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Taco Bell
1.19 miles
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Lee's Famous Recipe Chicken
1.22 miles
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Gokul
1.35 miles
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Cabana of the Loop
1.38 miles
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Fork & Stix
1.38 miles
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Paris
1.38 miles
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Puzzles Hookah Lounge
1.38 miles
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K-Bop STL
1.39 miles
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Eclipse Restaurant
1.39 miles
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Chinese Noodle Cafe
1.39 miles
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Central Elementary School
0.19 miles
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Hempstead Elementary School
0.33 miles
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Saintowe Middle School
0.54 miles
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Ford Elementary School
0.61 miles
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Pierre Laclede Junior Career Academy
0.63 miles
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Arlington School
0.71 miles
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Saint Louis County Fire Academy
0.77 miles
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Normandy High School
0.82 miles
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Dozier School
0.85 miles
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Langston Middle School
0.86 miles
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University City Children's Center
1.36 miles
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Eternity Childcare
3.09 miles
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YWCA Head Start
3.13 miles
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Childgarden Early Childhood Center
3.29 miles
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Lambs Pride Day Care Center
3.73 miles
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Miss Patt's Daycare
3.84 miles
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Smart Start Learning Acadamy
3.96 miles
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Kim's Kids
4.09 miles
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Dumas Bi-Lingual Child Development Center
4.25 miles
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Veasley's Tender Loving Care Development Center
4.32 miles
Frequently Asked Questions
The space currently listed for sale at 1423 Hodiamont Ave asks for $365,000.
1423 Hodiamont Ave totals 4,006 square feet.
1423 Hodiamont Ave was built in 1906.
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