Lease Up Value Add Mixed Use in Downtown
Mixed Use | 24,370 SqFt
Marketing description
Located at the hard corner of Olive and 10th St. in Downtown St. Louis, this building was updated by an owner occupier with attention to detail. Above ground floor retail, there are three floors of office suites that could divided or fully occupied by one tenant. Prime opportunity for an owner/user to occupy with stabilized restauranteur occupying the corner that has been there for 25 years and is a prominent gathering place for Downtowners. Each floor is about about 6,000 sqft with 500 sqft of common space and features ample windows (with corner offices), private entries with 24/7 access, and some updated flooring.
Both ground floor leases are locked in for the next 2 (2028) or 3 years (2029). Formerly an owner occupied Law Office, the three floors of offices are completely vacant. Priced to move.
Investment highlights
Historic Turn-key retail and office building is about 20% occupied with as is opportunity
Multiple office suite configurations available
High Foot Traffic location is a given location in the core of the Downtown St. Louis
Building is elevator served AND Each suite has private entrances with 24/7 access
Stable location with a strong nearby workforce that makes it the ideal location for prospective tenants
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