Outstanding Location:

This highly visible mixed-use building in Dogtown offers a rare opportunity just a short walk from Forest Park. Conveniently located near DeMun, Washington University, The Loop, and Downtown Clayton, with easy access to Highway 40 / Interstate 64, this property sits in one of St. Louis’ most sought-after areas.

Property Overview:

Built in 1915 and meticulously maintained, this 3,240-square-foot brick building spans two floors, each measuring 1,620 square feet. The first floor is a commercial space currently leased as an office, with the tenant vacating in April 2025. The second floor is a spacious three-bedroom, two-bath residence with a variance allowing for commercial use, also occupied by the current tenant. The basement provides additional workspace, currently utilized by the same tenant.

Versatile Use Potential:

This property presents multiple opportunities:

• Ideal for an owner-occupant seeking a live/work space.
• Suitable for full commercial use.
• The first-floor commercial space can continue as office space or be converted for retail use.

Parking & Additional Features:

A fenced parking lot at the rear of the building provides eight parking spaces. The building also features an attached enclosed porch on the second floor, adding functional space to the property.

Investment Potential:

• The average rental income for three-bedroom, 1.5+ bath apartments within a two-mile radius is $2,737 per month. The estimated pro forma rent for the second-floor apartment is $2,200 per month.
• The estimated pro forma rent for the commercial space is $2,265 per month, calculated at $16.78 per square foot.

Recent Updates & Improvements:

• 2015: Laminate flooring installed on the first floor, tiling installed on the second floor.
• 2016: The water heater and the east side gutter/downspout were both replaced.
• 2017: New TPO roof (complete tear-off), new second-floor A/C unit, tuckpointing of parapets and roof-related brickwork, tuckpointing of the north and east walls, and exterior building painting.
• 2018: Partial basement waterproofing with channels cut.
• 2023: Interior painting of the first and second floors, new carpet installed on the second floor, and additional basement waterproofing and sealing.

A Virtual Tour of the Building is Available:

https://my.matterport.com/show/?m=rMptFBVh1mD&mls=1

This 1708 square foot office building is in a great location for your business.

• Located just minutes from Lindenwood College.
• The building has excellent curb appeal.
• When entering through the back door, you will walk into the reception area. It is a welcoming area including a receptionist’s desk, kitchenette, and seating area.
• The building has some beautiful, exposed brick walls adding lots of character.
• There are 5 separate office spaces.

Paying buyers agent 2%.

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.

Paying buyers agent 1.5%