1700-1706 Olive St St St. Louis, MO 63103
- Office Properties & Spaces
- 38,640 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1700-1706 Olive St St
- Year built
- 1918
- Property size
- 38,640 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Office space
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- St. Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.2047
- Latitude
- 38.6309
