Henschel Bldg 1706 Olive St
38,640 SF Vacant Office Building Saint Louis, MO 63103 $995,000 ($26/SF)
INVESTMENT HIGHLIGHTS
- Boutique Office or Residential Redevelopment Opportunity.
- Across Olive from $130 Million Redevelopment of Butler Brothers Building.
- Built in 1918- Eligible For Federal And State Historic Tax Credits.
- 2 Blocks from SLPD HQ, MLS Stadium and 3 blocks from Union Station.
EXECUTIVE SUMMARY
New redevelopment opportunity across Olive from $130 Million redevelopment of Butler Brothers Building.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
38,640 SF
Building Class
C
Year Built
1905
Price
$995,000
Price Per SF
$26
Percent Leased
Vacant
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
5,520 SF
Slab To Slab
8’
Building FAR
6.34
Lot Size
0.14 AC
Zoning
I - Central Business District
Parking
30 Spaces (0.78 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
Walk Score®
Walker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 0509-00-0050-0 | Improvements Assessment | $115,400 |
| Land Assessment | $39,200 | Total Assessment | $154,600 |
