915 Olive St St St. Louis, MO 63101

Property Details for 915 Olive St St

Year built

1907

Lot size

0.69 lot acres

Property type

Retail properties

Property subtype

Mixed-use properties

Description

This exceptional mixed-use property, located at 915 Olive Street in St. Louis, Missouri, presents a unique investment opportunity. The Syndicate, a historically significant building added to the National Registry of Historic Places in 2002, offers 70 apartment units spanning floors 4-8, totaling 46,200 net rentable square feet. Originally constructed in 1907 and extensively renovated in 2006, the building boasts condo-quality finishes and spacious units averaging 1,476 square feet. The property also includes 19,152 square feet of ground-level retail space, with a portion currently occupied by established tenants, American Dental Partners of Missouri and Clarkson Eyecare, and significant vacant space offering value-add potential through lease-up. Situated on a 0.69-acre lot in the vibrant Mercantile Exchange district, this prime location offers unparalleled walkability to major attractions including the Gateway Arch National Park, Busch Stadium, and the St. Louis Convention Center. The building's central location and proximity to amenities, including a nearby Schnucks grocery store, contribute to its strong historical occupancy. The asking price is $8,500,000. Potential buyers may qualify for Historic Tax Credits. This is a rare chance to acquire a landmark property in a thriving downtown area, offering both immediate income and significant long-term growth potential.

Location Insight

City

St. Louis

County

State

Missouri

Longitude

-90.1945

Latitude

38.6294