For Sale
$995,000

1700-1706 Olive St StSt. Louis, MO 63103

Historic building, prime location, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
123
This exceptional 38,640 square foot creative office building at 1706 Olive Street in St. Louis, Missouri, presents a unique investment opportunity. Built in 1918, this concrete structure boasts a full basement, 80' x 69' footprint, and 5,520 square foot floor plates. The building features ample natural light with windows on all four sides, along with one freight elevator and one passenger elevator, and a convenient corner stairwell. Its prime location offers unparalleled access to key city amenities. It sits directly across Olive Street from the $130 million redevelopment of the Butler Brothers Building, just two blocks east of both the St. Louis Police Headquarters and the new Major League Soccer stadium, and three blocks northeast of the renovated Union Station. This historic building is eligible for federal and state historic tax credits, presenting significant potential for investors. The property's substantial size and desirable location make it ideal for adaptive reuse and redevelopment, catering to a variety of creative office tenants. The building's solid concrete construction, including floors and roof, ensures durability and longevity. This is a rare chance to acquire a landmark property in a rapidly developing area of St. Louis. The asking price is $995,000. The zip code is 63103.

Highlights

  • Across Olive Street from the $130 million Butler Brothers Building redevelopment.
  • Two blocks east of the St. Louis Police Headquarters and the new Major League Soccer stadium.
  • Three blocks northeast of the renovated Union Station.
  • 1918 construction; eligible for federal and state historic tax credits.
  • Abundant natural light with windows on all four sides.
  • One freight elevator, one passenger elevator, and a corner stairwell.

Property Details for 1700-1706 Olive St St

Property type
Office properties, Office space
Square Feet
38,640 SF
Year Built
1918

Location Insight

City
St. Louis
County
St. Louis
State
Missouri
Latitude
38.630937
Longitude
-90.204719
1700-1706 Olive St St, St. Louis, Missouri

FAQs

What type of property is this?
Office property - Historic building, prime location, redevelopment opportunity.
Where is the office property located?
The property is located at 1700-1706 Olive St St St. Louis, MO.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Across Olive Street from the $130 million Butler Brothers Building redevelopment.; Two blocks east of the St. Louis Police Headquarters and the new Major League Soccer stadium.; Three blocks northeast of the renovated Union Station.
How can I contact the broker?
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1700-1706 Olive St St
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