Downtown Urgent Care/Medical | Airbnb/Event Property
Urgent Care Building | Hospitality-Airbnb/Event Center | Airbnb's Fully Furnished
Price
$3,495,000
Location
916 Olive Street, St. Louis, MO 63101
Property Overview
916 Olive Street, St. Louis, MO 63101
Price: $3,495,000
916 Olive is a historic, mixed-use office/retail/Airbnb/event property originally built in 1884 (formerly the “Truman Building”). Acquired in 2008 for $1.1M, the property underwent $2.2M+ in renovations, transitioning from office to primarily medical use.
The ground floor and mezzanine include a former 4,059 SF urgent care (previously $48.78/SF NNN), a 698 SF chiropractic suite ($42.98/SF NNN), and a 618 SF vacant retail space. Upper floors and the basement feature fully built-out Airbnb/event units (611–4,653 SF), each with kitchens, baths, and themed interiors.
Condominiumized in 2015 into 12 individually metered units, the elevator-served building includes updated fire alarm and wet sprinkler systems. Front parking is designated for ambulance use.
Offered at $3,495,000 ($128.21/SF), the asset presents a strong opportunity for an owner-user, medical operator, or investor, with the option to sell units individually and capitalize on both in-place and upside income.
Property Details
Property Name
Downtown Urgent Care
Tenancy
Multi
Address
916 Olive Street, St. Louis, MO 63101
Property Type
Hospitality, Office, Retail,
Hotel, Medical Office, Storefront
Building Size
27,260 SF
Zoning
I-Central Business District
Year Built / renovated
1884 / 2009
Stories
4
Units
12
Tenancy
Vacant
Sprinkler System
Wet
Buildings
1
Lot SF
5,481
Price per SqFt
$128.21
Investment Type
Owner/User
Investment & User Highlights
Dedicated Ambulance Parking in Front of the Building
27,260 SF 4-Story Building Constructed in 1884
Building Condominiumized in 2015
3 Ground Level Medical/Retail Spaces
7 Airbnb/Event Space 611-4,653 SF
Elevator-Served Building
Wet Sprinkler System
Renovated in 2009
Great Downtown St. Louis Location – Easy Walk to Parking, Restaurants, Sporting Events, Retail, and much more.
Video Walkthrough
Location & Access
Located in the heart of downtown, directly across from the Old Post Office and within walking distance to restaurants, hotels, sports venues, and the convention center, the property offers excellent accessibility with nearby garages and surface parking.
Property
Documents
Request Property Information
Complete the form below to receive a full offering memorandum or to schedule a private tour.