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1700 Olive St
Saint Louis, MO 63103
Henschel Bldg · Bureau Propriété À vendre


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Faits saillants de l'investissement
- Positioned across from a major $130 million redevelopment that is catalyzing growth in the immediate area
- Features windows on all sides, freight and passenger elevators, and efficient floor plates suited for adaptive reuse
- Set within walking distance of Union Station, the new MLS stadium, and downtown civic anchors
- Eligible for federal and state historic tax credits, enhancing redevelopment viability and investment returns
Résumé de l'annonce
1700 Olive Street presents a compelling opportunity to acquire a historic, character-rich commercial building strategically positioned in the heart of Downtown St. Louis. Constructed in 1918 and eligible for both federal and state historic tax credits, the property offers developers, investors, and owner-users the ability to leverage valuable incentive programs while restoring a structure with architectural presence and lasting utility. The building features concrete construction, windows on all four sides, consistent rectangular floor plates, and both freight and passenger elevators, making it adaptable for a wide range of uses such as creative office, residential conversion, hospitality, or mixed-use redevelopment. The location strengthens its appeal dramatically. Directly across the street sits the transformative $130 million redevelopment of the Butler Brothers Building, positioning 1700 Olive within an emerging node of revitalization. Additionally, the building is just two blocks east of the St. Louis Police Headquarters, three blocks east of the new Major League Soccer stadium, and three blocks northeast of the renovated Union Station, creating a surrounding environment of momentum, walkability, and long-term demand. The dense amenity base and increasing foot traffic contribute to a strong outlook for adaptive reuse projects.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Taille du bâtiment
38 640 pi²
Classe d’immeuble
C
Année de construction
1905
Prix
1 084 571 $ CAD
Prix par pi²
28,07 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
7 étages
Superficie de plancher typique
5 520 pi²
Dalle à dalle
8’
Coefficient d’occupation des sols de l’immeuble
6,34
Taille du lot
0,14 AC
Zonage
I - Central Business District
Stationnement
30 places (0,78 places par 1 000 pi² loué)
Commodités
- Ligne d'autobus
Impôts fonciers
| Numéro de lot | 0509-00-0050-0 | Évaluation des bâtiments | 157 433 $ CAD |
| Évaluation du terrain | 53 478 $ CAD | Évaluation totale | 210 912 $ CAD |
Impôts fonciers
Numéro de lot
0509-00-0050-0
Évaluation du terrain
53 478 $ CAD
Évaluation des bâtiments
157 433 $ CAD
Évaluation totale
210 912 $ CAD
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