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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
- Flexible redevelopment opportunity for multifamily, hotel, senior living, office, or mixed-use
- Across from the $130M Butler Brothers redevelopment (The Victor), driving revitalization and increasing area appeal
- Close to NGA West campus, a key employment hub supporting ongoing demand
- Prime location in Downtown West, a high-growth area seeing major public and private investment
- Near major attractions: 3 blocks to Energizer Park and close to Union Station, in a high-traffic entertainment district
- Strong transit access via MetroBus along Olive Street
Résumé de l'annonce
CBRE, as exclusive investment advisor and broker, is pleased to offer for sale 1700 Olive Street (the “Property”), a historic building currently configured for office use and primed for adaptive reuse. Built in 1918, the Property presents a compelling redevelopment opportunity supported by eligibility for federal and state historic tax credits, making it well-suited for office, multifamily, or mixed-use conversion.
Located in St. Louis’ rapidly evolving Downtown West neighborhood, the Property benefits from an irreplaceable urban location surrounded by significant public and private investment. The Property is within walking distance of Energizer Park, home to St. Louis CITY SC, and just three blocks from St. Louis Union Station, a major destination for entertainment, dining, and tourism. Additionally, the Property offers convenient access to the NGA West campus, a major regional employment anchor driving ongoing redevelopment and demand in the area. Positioned directly across from the $130 million Butler Brothers Building redevelopment (The Victor Apartments) and near key civic infrastructure, 1700 Olive Street is ideally situated to capitalize on the continued growth and transformation of Downtown West.
Located in St. Louis’ rapidly evolving Downtown West neighborhood, the Property benefits from an irreplaceable urban location surrounded by significant public and private investment. The Property is within walking distance of Energizer Park, home to St. Louis CITY SC, and just three blocks from St. Louis Union Station, a major destination for entertainment, dining, and tourism. Additionally, the Property offers convenient access to the NGA West campus, a major regional employment anchor driving ongoing redevelopment and demand in the area. Positioned directly across from the $130 million Butler Brothers Building redevelopment (The Victor Apartments) and near key civic infrastructure, 1700 Olive Street is ideally situated to capitalize on the continued growth and transformation of Downtown West.
Faits sur la propriété
Type de vente
Investissement
Condition de vente
Projet de redéveloppement
Type de propriété
Bureau
Taille du bâtiment
38 640 pi²
Classe d’immeuble
C
Année de construction
1905
Prix
1 383 319 $ CAD
Prix par pi²
35,80 $ 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 | 160 437 $ CAD |
| Évaluation du terrain | 54 499 $ CAD | Évaluation totale | 214 936 $ CAD |
Impôts fonciers
Numéro de lot
0509-00-0050-0
Évaluation du terrain
54 499 $ CAD
Évaluation des bâtiments
160 437 $ CAD
Évaluation totale
214 936 $ CAD
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