Downtown West 2-Story Commercial Three-Unit Condo

1710 Olive St Olive Street St. Louis, MO 63103

1710 Olive St Olive Street , St. Louis, MO, 63103
1710 Olive St Olive Street , St. Louis, MO, 63103 1710 Olive St Olive Street , St. Louis, MO, 63103 1710 Olive St Olive Street , St. Louis, MO, 63103 1710 Olive St Olive Street , St. Louis, MO, 63103 1710 Olive St Olive Street , St. Louis, MO, 63103 1710 Olive St Olive Street , St. Louis, MO, 63103 1710 Olive St Olive Street , St. Louis, MO, 63103 1710 Olive St Olive Street , St. Louis, MO, 63103 1710 Olive St Olive Street , St. Louis, MO, 63103
FOR SALE
Property Type:
Mixed Use
Amount:
$1,125,000
Cap Rate:
0.00%
Last Verified:
May 15, 2025

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For sale is a two-story, 9,928-square-foot multi-tenant building constructed in 1946, which has been converted into three condominium units. The building features two ground-floor units and a potential loft or creative space on the second floor. **1710 Olive** is a ground-floor unit with approximately 2,087 usable square feet. It measures 32 feet by 64 feet and has an 11-foot ceiling. This space includes a drive-in door that provides access to the rear alley. It is a "raw" space, ready for redevelopment. **1714 Olive** is the other ground-floor unit, offering around 2,123 usable square feet. This space was previously occupied as a medical clinic. **1712 Olive** is located on the second floor and is a loft comprising approximately 4,606 square feet, with interior dimensions of 70 feet by 65 feet. While this space would be ideal for a residential loft, it is currently leased to a fencing club as a sports practice facility. The loft has been renovated to include a full kitchen and restrooms, boasts a ceiling height of 9 feet, and is well-lit with insulated windows on both the front and rear of the building. Its versatile layout makes it suitable for various uses, providing endless possibilities. Situated across the street from the new 384-apartment complex, "The Victor," and within a few blocks of Energizer Park and the St. Louis Police Headquarters, this property has significant potential. Possible uses include a restaurant, sports bar, creative or professional office space, sports training facility, gallery, or residential loft. Energizer Park and St. Louis Police HQ are a couple of blocks away; the sky is the limit regarding potential uses for this property, including a restaurant, sports bar, creative/professional office, sports training facility, gallery, and residential loft.

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Map of 1710 Olive St Olive Street , St. Louis, MO, 63103

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.