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Palace of Versailles Airbnb

St Louis CBD Airbnb | 5 Units | 1100-5760 SF Units | Fully Furnished | Opulent Interior Design
Price
$1,054,080
Location
1108 Olive Street, St. Louis, MO 63101

Cardinal Realty Group – St. Louis Commercial Real Estate Specialists

Property Overview

1108 Olive Street, St. Louis, MO 63101


Price: $1,054,080

 

The Palace of Versailles Airbnb at 1108 Olive is a unique find in Downtown St. Louis.  This 17,280 SF, 6-story building, constructed in 1912, has been recently renovated into an Airbnb by the renowned designer, Mark Pitliangas of Antique Architectural Deco. He has recreated the opulence of the Palace of Versailles here in St. Louis, infusing unique design elements that are sure to intrigue.  The spacious entrance lobby, measuring 48’ x 24’ with 17-foot ceilings, is ornately decorated in the French Baroque style.  The Airbnb units range from a 1100 SF ground-floor 3-bedroom unit to a 5th and 6th-floor 5,760 SF penthouse with a 9' x 27’ front balcony, showcasing his unique vision. 

 

There are five lavish rental units, each fully furnished and equipped with full kitchens, baths, and more.  Programmable locks for access to the building, rooms, and elevator provide security for the tenants.  This represents a turn-key opportunity to own and manage a unique Airbnb in Downtown St. Louis.

The property is conveniently located adjacent to numerous parking options and is just a short walk from restaurants, shops, sporting venues, the convention center, hotels, and more.

Property Details

Property Name

Palace of Versailles Airbnb

Celing height

17 ft. in Lobby

Address

1108 Olive Street, St. Louis, MO 63101

Property Type

Hospitality, Special Purpose

Building Size

17,280 SF

Zoning

I-Central Business District

Year Built / renovated

1912 / Recently Renovated

Stories

6

Parking

Street

Tenancy

Vacant

Units

5

Buildings

1

Price psf

$61

Lot Size (SqFt)

2,956

Sub Type

Hotel

Investment & User Highlights

Turn-Key Airbnb

Located in downtown St. Louis

17,280 SF, 6-story Building

5 Airbnb units, 1,100 SF - 5,760 SF

Each Elevator-served building

Expertly crafted interior design

Video Walkthrough

Location & Access

Located in the Central Business District of Downtown St. Louis, the geographic center of the USA and the St. Louis region, it is experiencing a resurgence of development with over $2.2 billion in real estate investments underway in both the public and private sectors. Several major projects are nearing completion, bringing new economic opportunities, including the Jefferson Arms Building- a $135 million project featuring a 225-room hotel, 235 luxury apartments, and retail space. The Victor opened in 2024 as a $130 million development with 384 apartments. With its strategic location and proposed new developments, such as the AT&T Tower ($300 million) and the Millennium Hotel Mixed-use Development ($670 million), among others, Downtown St. Louis CBD is poised for high returns, making this an ideal time to invest.

Property
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