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$3,495,000
Est. payment /mo
27,260 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 27,260 sqft
Price per Sqft $128
Subdivision Downtown
MLS Listing ID 25029148
Year Built 1884
Annual Tax Amount $21,339
Lot Size 5,663 Sqft
Acres 0.13
Lot Dimensions 50X109
Property Sub-Type Retail
Property Description
916 Olive is a unique multi-tenant condo property that serves as a Medical, Office, Retail, Airbnb, and Event Center. Formerly known as the "Truman Building," it was constructed in 1884. The building was purchased in 2008 for $1.1 million and underwent over $2.2 million in renovations, transforming it from a law office primarily into a medical facility.
The Urgent Care, which is now closed, occupied 4,059 square feet on the ground floor and mezzanine, paying $48.78 per square foot (NNN). Currently, a Chiropractor occupies 698 square feet, paying $42.98 per square foot (NNN), while an additional 618 square feet of retail space is vacant.
The upper floors and basement have been converted into unique Airbnb and event spaces, with units ranging from 611 to 4,653 square feet, each featuring a full kitchen and bath decorated in various sports themes, providing a distinctive experience. In 2015, the building was condominiumized into 12 individually metered condo units. Location: City, Downtown
The Urgent Care, which is now closed, occupied 4,059 square feet on the ground floor and mezzanine, paying $48.78 per square foot (NNN). Currently, a Chiropractor occupies 698 square feet, paying $42.98 per square foot (NNN), while an additional 618 square feet of retail space is vacant.
The upper floors and basement have been converted into unique Airbnb and event spaces, with units ranging from 611 to 4,653 square feet, each featuring a full kitchen and bath decorated in various sports themes, providing a distinctive experience. In 2015, the building was condominiumized into 12 individually metered condo units. Location: City, Downtown
Location
State MO
County St Louis City
Area 1 - Downtown
Interior
Heating Forced Air
Cooling Central Air, Electric
Fireplace N
Exterior
Parking Features false
Utilities Available Electricity Available, Natural Gas Available, Water Available, Sewer Available
View Y/N No
Building
Sewer Public Sewer
Water Public
Structure Type Other,Brick
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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Listed by Hal Hanstein • Cardinal Realty Group
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