For Sale
$799,000

318 8Th StSt. Louis, MO 63101

Prime Owner-User Restaurant/Office Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional mixed-use building, located at 318 N 8th St in St. Louis, MO's Central Business District, presents a unique owner-user opportunity. The property, known as The Columbia Building, boasts 4,428 square feet across two stories, each approximately 2,214 square feet. Built in 1893 and extensively renovated in 2016, the building features a new EPDM roof (February 2023) and benefits from large windows, two restrooms per floor, and private entries. Currently, a restaurant occupies the first floor under a modified lease with over nine years remaining. The second floor offers office space, which can be immediately occupied by the new owner or leased back. The asking price is $799,000, translating to $180.44 per square foot. The property sits on a 2,809 square foot lot and is zoned I - Central Business District. This is an excellent investment opportunity for an owner-user seeking a blend of income generation and prime office space in a vibrant downtown location. The building's current occupancy is 50%.

Highlights

  • $799,000 asking price for this mixed-use building in St. Louis, MO.
  • 4,428 square feet, with a price per square foot of $180.44.
  • Located at 318 N 8th St, St. Louis, MO 63101, in the Central Business District (I zoning).
  • Two-story, 1893 building, renovated in 2016, featuring a new EPDM roof (2023).
  • Currently 50% occupied; first floor has a restaurant tenant with a long-term lease, and the second floor (approx. 2,214 sq ft) is available for owner-occupancy or leaseback.

Property Details for 318 8Th St

Property type
Retail properties, Restaurants
Square Feet
4,428 SF
Year Built/Renovated
1893/2016
Buildings
1
Stories
2
Units
2

Location Insight

City
St. Louis
County
State
Missouri
Latitude
38.629358977366
Longitude
-90.192104708041
318 8Th St, St. Louis, Missouri

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318 8Th St
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