916 Olive Street

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