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    318 N 8Th St Louis, MO 63101

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    For Sale
    $799,000

    Rehabbed building with restaurant and office space for sale.

    Property size:
    2,214 SF
    Lot size:
    0.06 Acres

    Property Features for 318 N 8Th St

    General Information

    Size
    2,214 SF
    Lot size
    0.06 Acres

    Source: King Realty Advisors Agent Bryan King, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown St. Louis Corner Building

    Located on the corner of 8th and Locust in Downtown St. Louis, this building has been gut rehabbed. Each floor is approximately 2,214 square feet and features large windows, two restrooms, and private entries. Many new systems have been installed throughout the building. A new EPDM roof was installed in February 2023. The first floor is occupied by a restaurant with one year remaining on its lease and one 5-year option. The second floor office can be vacated upon close or leased back. This property presents an opportunity for an owner/user to occupy the second floor with a stabilized restauranteur occupying the first floor.
    Insight Report Location Intelligence

    Current Use by Public Records

    King Realty Advisors Commercial Real Estate Agency BLDG BLOX USA ... Real Estate Developer Gary Dedeke Inc Architect

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Alpha Catering LLC, Time To Cater, Jona Food Services, Pablo's Catering Services, Thomas W Klein Catering Inc

    Location Insight

    • Map
    • Local Demand
    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.192249
    Latitude
    38.62866

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    FAQs

    What type of property is this?
    Restaurant - Rehabbed building with restaurant and office space for sale.
    Where is this restaurant located?
    The property is located at 318 N 8Th St Louis, MO.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Prime downtown location at the corner of 8th and Locust.; - Gut rehabbed building with new systems throughout.; - Two floors, each approximately 2,214 SQ FT, with large windows and two restrooms per floor.
    (314) 566-0192
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    318 N 8Th St Louis, MO 63101
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    318 N 8Th St
    Louis, MO 63101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    318 N 8Th St Louis, MO 63101
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