1700 Olive St
Saint Louis, MO 63103
Henschel Bldg · Office Property For Sale

1700 Olive Street presents a compelling opportunity to acquire a historic, character-rich commercial building strategically positioned in the heart of Downtown St. Louis. Constructed in 1918 and eligible for both federal and state historic tax credits, the property offers developers, investors, and owner-users the ability to leverage valuable incentive programs while restoring a structure with architectural presence and lasting utility. The building features concrete construction, windows on all four sides, consistent rectangular floor plates, and both freight and passenger elevators, making it adaptable for a wide range of uses such as creative office, residential conversion, hospitality, or mixed-use redevelopment. The location strengthens its appeal dramatically. Directly across the street sits the transformative $130 million redevelopment of the Butler Brothers Building, positioning 1700 Olive within an emerging node of revitalization. Additionally, the building is just two blocks east of the St. Louis Police Headquarters, three blocks east of the new Major League Soccer stadium, and three blocks northeast of the renovated Union Station, creating a surrounding environment of momentum, walkability, and long-term demand. The dense amenity base and increasing foot traffic contribute to a strong outlook for adaptive reuse projects.