1700 Olive St - Office FOR SALE


Saint Louis, MO 63103- Downtown West St Louis
$995,000 USD
314-655-6060
1700 Olive St, Saint Louis, MO for Sale
$995,000 USD
Office - FOR SALE
1/41
null | Request Cap Rate

1700 Olive St
Saint Louis, MO 63103
Downtown West St Louis


HIGHLIGHTS

  • Flexible redevelopment opportunity for multifamily, hotel, senior living, office, or mixed-use
  • Prime location in Downtown West, a high-growth area seeing major public and private investment
  • Across from the $130M Butler Brothers redevelopment (The Victor), driving revitalization and increasing area appeal
  • Near major attractions: 3 blocks to Energizer Park and close to Union Station, in a high-traffic entertainment district
  • Close to NGA West campus, a key employment hub supporting ongoing demand
  • Strong transit access via MetroBus along Olive Street

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$26 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Henschel Bldg

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

7

BUILDING CLASS

C

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

I

APN/PARCEL ID

0509-00-0050-0

ASK ABOUT THIS PROPERTY

314-655-6060

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314-655-6060

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