Basics
- Date added: Added 18 hours ago
- Category: Commercial Sale
- Type: Commercial
- Status: Active
- Bathrooms: 0
- Year built: 1970
- County: St. Louis
- Business Type: Motel/Hotel
- MLS ID: 255322
Description
-
Description:
This a rare investment opportunity near the St. Louis airport with unmatched visibility. This 160-unit motel is positioned for continued hospitality use or a conversion into modern studio apartments, with the City of Hazelwood supportive of either direction. Ownership has already invested over $3.5 million in improvements including a new roof, upgraded electrical, updated plumbing, and substantial interior and exterior remodeling now underway. While the project requires completion, the major work is done, creating a turnkey path for its next owner. Located near Boeing's new large-scale facility, the property benefits from strong demand for extended stay lodging and workforce housing, making it an exceptional opportunity for investors and developers.
Show all description
Location
- Directions: From I-270, take Exit 28 onto N Hanley Rd or from St. Louis Lambert International Airport by heading west on I-70, taking Exit 237A, and continuing north on N Hanley Rd about two miles where the site will be on the right.
Building Details
- Building Area Total: 79258 sq ft
- LotSizeDimensions: IRR - 3.62 Acres
Amenities & Features
- Flooring: Concrete, Other
- Sewer: Sewer - City
- Heating: Other - See Remarks
Request More Information About This Home
Courtesy of
- List Office Name: CHARLES BURT REALTORS