318 N 8Th St Louis, MO 63101

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%.