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    1006 Olive St St St. Louis, MO 63101

    Sponsored
    For Lease
    $12 SF/Yr

    Historic building, versatile spaces, prime location

    Lot size:
    44,236 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This stunning six-story, 44,236-square-foot building at 1006 Olive Street in St. Louis, MO, presents a unique opportunity. Built in 1905 and zoned I CBD, this single-tenant property sits on a 0.07-acre lot (APN 0279-9-035.000) and offers a blend of traditional, executive, and creative office spaces ranging from 837 to 2,696 square feet. Additionally, a 3,110-square-foot retail space is available, featuring attractive wood floors, exposed brick, a mezzanine, private restrooms, and a convenient roll-up loading door. The building boasts elevator service and is conveniently located near major attractions and transportation hubs. Office spaces are offered at $12.50 per square foot, full-service gross (FSG), while the retail space is available at $12.50 per square foot, net, net, net (NNN). Nearby garage parking offers both monthly and hourly passes at market rates. The property is ADA accessible. This is an exceptional opportunity to secure a prominent location in the heart of downtown St. Louis.

    Property Features for 1006 Olive St St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    44,236 SF
    Total Rate
    46079.17

    Building Details

    Year Built
    1905
    Stories
    6

    Unit(s) available at that property

    Space
    Size
    3,110 SF
    Rate per SF
    $12

    HighLights

    • Downtown STL CBD location; move‑in ready office & retail space.
    • Office suites: 837‑2,696 SF, open layouts, modern finishes.
    • Retail Suite 101: 3,110 SF, exposed brick, wood floors, mezzanine, alley loading.
    • Ample nearby garage parking (monthly & hourly).
    • Excellent for retail or creative office; prime downtown location near attractions & transit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    St. Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.1950443
    Latitude
    38.6290072

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    FAQs

    What type of property is this?
    Individual retail property - Historic building, versatile spaces, prime location
    Where is this individual retail property located?
    The property is located at 1006 Olive St St St. Louis, MO.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Downtown STL CBD location; move-in ready office & retail space.; Office suites: 837-2,696 SF, open layouts, modern finishes.; Retail Suite 101: 3,110 SF, exposed brick, wood floors, mezzanine, alley loading.
    Request Owner's contact information
    1006 Olive St St St. Louis, MO 63101
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    St. Louis, MO 63101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1006 Olive St St St. Louis, MO 63101
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