Office for Sale in Saint Louis Missouri 63101

The Palace of Versailles Airbnb at 1108 Olive is an extraordinary find in Downtown St. Louis. This 17,280-square-foot, five-story building, constructed in 1912, has been recently transformed into an Airbnb by renowned designer Mark Pitliangas of Antique Architectural Deco. He has recreated the opulence of the Palace of Versailles right here in St. Louis, incorporating distinctive design elements that are sure to captivate guests.

The spacious entrance lobby, measuring 48 feet by 24 feet, features 17-foot ceilings and is ornately decorated in the French Baroque style. The Airbnb units range from a 1,100-square-foot, ground-floor three-bedroom unit to a magnificent 5,760-square-foot penthouse located on the fifth and sixth floors. The penthouse includes a 9-foot by 27-foot front balcony showcasing Pitliangas's unique vision.

There are five lavish rental units, each fully furnished and equipped with full kitchens, bathrooms, and other amenities. Programmable locks ensure secure access to the building, rooms, and elevator for tenants. This presents a turnkey opportunity to own and manage a distinctive Airbnb in Downtown St. Louis.

The property is conveniently located near various parking options and is just a short walk from restaurants, shops, sporting venues, the convention center, hotels, and more.

Located in the Central Business District of Downtown St. Louis, the geographic center of the USA and the St. Louis region, it is experiencing a resurgence of development with over $2.2 billion in real estate investments underway in both the public and private sectors. Several major projects are nearing completion, bringing new economic opportunities, including the Jefferson Arms Building- a $135 million project featuring a 225-room hotel, 235 luxury apartments, and retail space. The Victor opened in 2024 as a $130 million development with 384 apartments. With its strategic location and proposed new developments, such as the AT&T Tower ($300 million) and the Millennium Hotel Mixed-use Development ($670 million), among others, the Downtown St. Louis CBD is poised for high returns, making this an ideal time to invest.