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3131-3137 Olive Street, St Louis City, MO, 63103

3131–3137 Olive Street presents a stabilized restaurant investment with clear upside in St. Louis’ Midtown corridor. The property totals ±5,372 SF and is 100% leased to Salsa Rosada through 2027, providing reliable income with annual rent escalations. Originally built in 1894 and fully renovated in 2016, the building combines historic character with modern systems and ADA compliance. Located along Olive Street near Saint Louis University, and The City Foundry this property is positioned within one of the city’s most active growth areas.

Subdivision: Stoddard Add

List Price

$ 799,000

Status

Active

Days on market

0

MLS#

25062437

Bedrooms

0

Full baths

0

Subdivision

Stoddard Add

Municipality

St Louis City

County

St Louis City

Property Type

Commercial Sale

Type

Commercial Sale

Additional Information

Recent Nearby Sales in 63103

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
1627 Locust Street, 705, St Louis City, MO 63103 0/2 1,267 $185,000 $180,000
97.3% of ask
Sep 3, 2026
1501 Locust Street, 609, St Louis City, MO 63103 2/2 1,557 $189,900 $189,000
99.5% of ask
Sep 1, 2026
1209 Washington Avenue, 710, St Louis City, MO 63103 1/2 1,560 $1,705 $1,705
100% of ask
Aug 25, 2026
1209 Washington Avenue, 302, St Louis City, MO 63103 2/2 1,571 $1,995 $1,995
100% of ask
Aug 24, 2026
1209 Washington Avenue, 401, St Louis City, MO 63103 2/2 1,876 $2,095 $2,095
100% of ask
Aug 21, 2026
2201 Locust Street, 305, St Louis City, MO 63103 2/2 1,230 $189,000 $178,000
94.2% of ask
Aug 21, 2026

Price & Listing History

Listed for sale
Sep 11, 2025 at $999,000
Price reduced by $200,000 (20%)
From $999,000 to $799,000
Current status: Active
As of Aug 14, 2026 · $799,000

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