Property Type:
Commercial
Square Footage:
79,258
Lot Size (sq. ft.):
130,680
Status:
Active
Current Price:
$5,000,000
List Date:
9/25/2025
Last Modified:
12/18/2025
Overview
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.
Last Updated: December - 18 - 2025
Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawl. Neither listing broker(s) nor OZARK GATEWAY ASSOCIATION OF REALTORS shall be held responsible for typographical errors, misinformation, misprints and shall be held totally harmless.