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Historic Office Building for Conversion
For Sale
$995,000

1700 Olive St, Saint Louis, MO 63103

Built in 1918, this historic office building offers conversion flexibility in Downtown West.

Property SizeContact for details
Days on Market82

Property Features for 1700 Olive St

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $17,439

Building Details

Year Built 1918
Listing Agency: CBRE
Listed By: Matt Bukhshtaber
Source: Exprealty
Added: Jun 2 Changed: Aug 20 Last Checked: Aug 21 at 10:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE

Investment Insights

Based on property information with market context.

1700 Olive Street is a historic building constructed in 1918 and currently configured for office use. The property is positioned for adaptive reuse, including potential conversion to office, multifamily, or mixed-use, and it is described as being eligible for federal and state historic tax credits.

Located in St. Louis’ Downtown West neighborhood, the building is noted to be within walking distance of Energizer Park, home to St. Louis CITY SC. It is also described as about three blocks from St. Louis Union Station. Additional stated access is provided to the NGA West campus, and the property is described as directly across from the Butler Brothers Building redevelopment known as The Victor Apartments.

For prospective tenants, buyers, or operators, the current office configuration paired with a historic structure may support projects seeking adaptive reuse. The range of contemplated uses referenced in the remarks—office, multifamily, or mixed-use—can align with teams looking to repurpose an existing downtown office asset in a neighborhood undergoing public and private investment.

Key Highlights

  • Historic building built in 1918, currently configured for office use.
  • Eligibility for federal and state historic tax credits for qualifying adaptive reuse.
  • Conversion flexibility for office, multifamily, or mixed‑use based on provided remarks.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Locksmith Veterinary Clinic Home Appliance Store Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,814
Businesses Nearby

Demographics for 63103, MO

9,411
Population
5,990
Households
1.6
Avg Household Size
31
Median Age
51%
College-Educated
91%
High-School Grad
2.2 sq mi
ZIP Area
4,278
Density / Sq Mi
$37,500
Median Household Income
$36,091
Median Earnings
$978
Median Rent
$205,400
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Built in 1918, this historic office building offers conversion flexibility in Downtown West.
Where is this office building located?
The property is located at 1700 Olive St Saint 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: Historic building built in 1918, currently configured for office use.; Eligibility for federal and state historic tax credits for qualifying adaptive reuse.; Conversion flexibility for office, multifamily, or mixed‑use based on provided remarks.
More about this property
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