Unique Mixed Use Property on the Hill

Rare opportunity to purchase a mixed-use property located in The Hill neighborhood in St. Louis.

• The Hill is an iconic part of the history of St. Louis which goes back to the 1880’s. The Hill exudes a unique blend of community and style, featuring superb upscale restaurants, trattorias, shops, pizzerias, delis, bakeries, a brewery, and a bocce ball garden.
• The property is centrally located in a residential neighborhood close to Forest Park, Barnes Hospital, Washington University Medical Center, The Botanical Gardens, and Tower Grove Park.
• The building comprises a 3,263 square foot residence on the top level with 4 bedrooms and 2 baths. Features include an elevator and a large living room for entertaining. The residence includes a large master with a bath with lots of closet space, a laundry room, an office, a large covered porch in the back, and an attached garage.
• There are two commercial spaces on the main level including a 1,000 square foot deli.
• The larger commercial space is a salami manufacturing facility which is 5,007 square feet. The first floor has a food processing room, a cooking room with an oven, refrigeration, a stock room, and storage. Of the 5,007 square feet approximately 2,400 square feet are in the basement which has a drying room, a machine room, a washing room, and coolers.
• The property has been well maintained and is in great condition. This property would be ideal for someone to occupy the residence and use the commercial spaces downstairs for their business. It would also be a great option for a business to occupy part or all of the building and lease the other spaces out.
• There is the potential for the residence to be rented as an Airbnb, a medium or long-term rental, an event space, or possibly converted to be part of the commercial space below.
• There is also the opportunity to live in the residence and lease the two commercial spaces below.
• The average starting lease price per square foot was $16.78 in 63110 based on 21 recent leases.
• Please inquire for additional information about the property.