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34150852
34150863

111 North Mill Street, St. Louis, MI 48880 For Sale

JP
MI 6502112850
$85,000
24 days on market
Updated 24 days ago

111 North Mill Street

Details
Property Type Retail, Mixed Use
Sub Type Storefront
Square Footage 3,388
Units 1
Tenancy Single
Brand/Tenant Rhonda Clark
Lease Type Modified
Lease Term 2
Lease Expiration 09/30/2027
Remaining Term 1.2
Rent Bumps Yes
Lease Options 2x 2-year options
Price per SqFt $25
Class C
Year Built 1900
Year Renovated 2009
Acreage 0.080
Zoning Commercial 1
Parking Spaces 4 spaces
Parking per 1,000 SqFt 1.18
Investment Type Value Add
Tenant Credit No Credit Rating
Lease Commencement 10/01/2009
Ground Lease No
Sale Condition For sale by owner

Prime Mixed-use Apartment and Storefront in Downtown St. Louis

Marketing description

Positioned in the heart of downtown St. Louis, this well-maintained mixed-use building offers an outstanding opportunity for investors or owner-occupants seeking income-producing commercial and residential space in a highly visible location.

The main level features a finished and occupied professional office, providing immediate rental income and a turnkey commercial space. Renovated in 2009, the office offers a professional setting ideal for a variety of business uses.

Upstairs, you'll find an unfinished but spacious 928-square-foot apartment with two bedrooms and one full bath. Overlooking downtown St. Louis, the bright and comfortable residence offers an attractive living space for tenants or an owner-occupant.

The property has benefited from numerous capital improvements, including:

  • 2009 first-floor office renovation
  • 2015 Duro-Last rear roof installation and related construction
  • 2020 exterior and upper-level improvements, including new upstairs windows and front façade brick repair and fresh paint
  • Central air conditioning and forced-air furnace for year-round comfort

Located in the center of downtown St. Louis, this property enjoys excellent visibility, walkability, and convenient access to local businesses, restaurants, and community amenities. Whether you're looking to expand your investment portfolio or operate your business while generating residential rental income, 111 N. Mill Street offers a rare combination of location, functionality, and long-term value.

Investment highlights

  • Spacious 2 Bedroom, 1 bath, Apartment, overlooking downtown [928 sqft]
  • Finished and occupied first floor, professional office
  • Central Downtown St. Louis location
  • 2015 Durolast rear Roof & Construction
  • 2020 Construction [New upstairs windows, front facade brick repair and paint]
  • Central air and furnace
  • 2009 first floor renovation

Listing Contacts

JP
MI 6502112850

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Additional Information

Name
John Pavlik
License
6502112850
Brokerage Phone
9894634903
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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