

Tallulah's - 812 E. Broadway Blvd.
Storefront Retail Building in the Heart of Downtown Columbia, MO
Marketing description
KEY INVESTMENT HIGHLIGHTS
Prime Downtown Columbia Location on The District – Premium visibility on East Broadway in the heart of Columbia's entertainment and dining district, offering exceptional foot traffic and brand exposure.
Immediate Income with Built-In Tenant Base – Established cash flow from Broadway Brewery's basement lease provides day-one income, with potential additional revenue available (broker can provide details).
Significant Value-Add Opportunity – Approximately 3,500 - 7,000SF of vacant space presents immediate upside potential for owner expansion, additional tenant income, or mixed-use conversion.
Flexible Occupancy Scenarios – Multiple configuration options allow buyers to occupy the main level while maintaining income from basement tenant, or negotiate additional lease revenue.
Rare Downtown Ownership Under $107/SF – Exceptional value for fee-simple ownership in Columbia's most walkable, amenity-rich neighborhood where downtown properties rarely become available.
COLUMBIA MARKET OVERVIEW
Demographics: Population 130,900 (Missouri's 4th largest city, fastest-growing with 40% growth since 2000) • Median age 29.2 years (driven by 40,000 college students) • Median household income $64,488 • Metro area 215,811 population serving Central Missouri.
The District – Downtown Columbia: 50 square blocks with 5,000+ residents and 600+ businesses • Heart of Columbia's restaurant, bar, and entertainment scene • Active redevelopment including Gateway Plaza, Broadway Hotel expansion (80 new rooms), and new mixed-use developments • Bordered by three college campuses with high visibility on East Broadway corridor.
REDEVELOPMENT OPPORTUNITY
M-DT (Downtown Mixed-Use) zoning encourages dense, walkable development blending residential, commercial, office, and entertainment uses. This property's location in The District positions it for:
• Mixed-Use Conversion – Residential apartments or boutique office space on second floor while maintaining ground-level retail/restaurant.
• Boutique Hotel/Short-Term Rental – Capitalize on University of Missouri events, sports weekends, and downtown entertainment demand.
• Creative Office/Co-Working – Modern office space serving Columbia's growing professional and entrepreneurial community.
• Flagship Retail/Restaurant – Owner-user opportunity for high-visibility brand presence with exceptional street exposure and foot traffic.
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