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$3,495,000
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Property Description
916 Olive is a unique multi-tenant condo property that serves as a Medical, Office, Retail, Airbnb, and Event Center. Formerly known as the "Truman Building," it was constructed in 1884. The building was purchased in 2008 for $1.1 million and underwent over $2.2 million in renovations, transforming it from a law office primarily into a medical facility. The Urgent Care, which is now closed, occupied 4,059 square feet on the ground floor and mezzanine, paying $48.78 per square foot (NNN). Currently, a Chiropractor occupies 698 square feet, paying $42.98 per square foot (NNN), while an additional 618 square feet of retail space is vacant. The upper floors and basement have been converted into unique Airbnb and event spaces, with units ranging from 611 to 4,653 square feet, each featuring a full kitchen and bath decorated in various sports themes, providing a distinctive experience. In 2015, the building was condominiumized into 12 individually metered condo units. Location: City, Downtown
Full Property Details
Full Property Details for 916 Olive St
General
- Price: $3,495,000
- Taxes: $21,339 (2024)
- Status: Active
- Type: Commercial Lots
- Source: MARIS
- MLS ID: 25029148
- Updated: 6/4/2025
- Added to Site: 258 day(s) ago
Parking
- Parking Features: None
Location
- Area: 1 - Downtown
- County: St Louis City
- Township: St. Louis City
- Subdivision: Downtown
- Neighborhood: Downtown
- Cross Streets: N 10th Street
Heating & Cooling
- Cooling Type: Central Air Conditioning, Electric
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electricity Available, Natural Gas Available, Water Available, Sewer Available
Structural Information
- Square Feet: 27,260
- Current Bldg. Use: Medical/Dental, Hotel/Motel, Mixed Use, Retail, Office
- Year Built: 1884
Lot Features
- Lot Size (Acres): 0.13
- Lot Size (Sq. Ft.): 5,663
- Lot Size Source: Other
- Lot Dimensions: 50 x 109
- Frontage: Alley, City Street
Financial Considerations
- Tax Amount: $21,339
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: C.B. 0274 Olive St, 916 Olive Condo, Unit 1-12
- Inclusions: Building, Land
- Disclosures/Reports: Unknown, Other, Code Compliance Required, Flood Plain No, Occupancy Permit Required
- Property ID: 0274-00-8021-0
Listed by Cardinal Realty Group
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Schools
Schools serving 916 Olive St
School District:St. Louis City School District
| Name | Grades | Distance |
|---|---|---|
Peabody Elementary School 1224 S 14th St, St. Louis, MO 63104 | PK-8 | 1 mi |
Fanning Middle Community Ed. 3417 Grace Ave, St. Louis, MO 63116 | 6-8 | 3.6 mi |
Vashon High School 3035 Cass Ave, St. Louis, MO 63106 | 9-12 | 2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 916 Olive St
Date
Details
Price
Change
Source
5/04/2025
Listed
$3,495,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 916 Olive St
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
100%
2024
100%
100%
2023
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 916 Olive St
916 Olive Street, Saint Louis, MO 63101 (MLS# 25029148) is a Commercial Lots property. 916 Olive Street is currently listed for $3,495,000 and was received on May 04, 2025. Want to learn more about 916 Olive Street? Do you have questions about finding other Commercial Lots real estate for sale in Saint Louis? You can browse all Saint Louis real estate or contact a Coldwell Banker agent to request more information.

