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    622 Olive St St St. Louis, MO 63101

    For Lease
    $11 SF/Yr

    Downtown St. Louis, MO - Two Suites Available

    Lot size:
    3,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    The Gill Building, located at 622 Olive Street in the heart of St. Louis, MO (zip code 63101), offers exceptional creative office space. Two suites are currently available, ranging from 1,250 to 2,250 square feet. The building features 1,250 square foot floor plates complemented by a 1,000 square foot mezzanine on the first floor, providing flexible options for tenants needing various sizes of space. Leasing is flexible, allowing for rental of a single floor or the entire building. The Gill Building is conveniently located at the corner of 7th and Olive Streets, directly benefiting from an upcoming streetscape project that will enhance the area with new sidewalks, lighting, ADA-compliant crosswalks, and improved bicycle infrastructure, connecting the convention center to Ballpark Village. Building amenities include elevator service to all floors, including the roof, and a shared rooftop deck for tenant use. This prime location and unique building features make The Gill Building an ideal choice for businesses seeking a vibrant and convenient downtown St. Louis address.

    Property Features for 622 Olive St St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,500 SF

    Unit(s) available at that property

    Space
    Floor 1 + Mezz
    Size
    2,250 SF
    Rate per SF
    $11
    Space
    Floors 2-4
    Size
    1,250 SF
    Rate per SF
    $11

    HighLights

    • Gut renovated in the 2010s.
    • Prime CBD location in St. Louis, MO (63101), at 622 Olive Street.
    • Surrounded by new developments and three blocks from Ballpark Village.
    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 Building Supply Auto Repair Shop Pharmacy Clothing Store

    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
    -90.191346988313
    Latitude
    38.628168383099

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    FAQs

    What type of property is this?
    Office space - Downtown St. Louis, MO - Two Suites Available
    Where is this office space located?
    The property is located at 622 Olive St St St. Louis, MO.
    What is the lease rate?
    The lease rate is $11 SF/Yr.
    What are key features of this property?
    This property features: Gut renovated in the 2010s.; Prime CBD location in St. Louis, MO (63101), at 622 Olive Street.; Surrounded by new developments and three blocks from Ballpark Village.
    Request Owner's contact information
    622 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
    622 Olive St St St. Louis, MO 63101
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