7350 N Hanley Road, Hazelwood, MO 63042 (MLS# 255323)

7350 N Hanley Road, Hazelwood, MO 63042

$5,000,000

Property Type: MultiFamily Baths: 161 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.

Listing Details MLS# 255323

Location, Tax & Legal

Street #: 7350
Direction: N
Street Name: Hanley
Suffix: Road
County: St. Louis
State/Province: MO
Zip Code: 63042
Area: 99 - Out of Area
Zoning: G
Taxes Assessed: Yes
Tax Type: County Taxes
Total Tax: 73524

Contract Info

Listing Price: 5000000
List Price/SqFt: 63.09
In City Limits: Yes
Residential Type: Apartments
Love Letters Accepted by Seller: No
Owner/ Agent: No
Potential Gross Scheduled Rent: 0

General Property Info

Age: 51 - 100
Total Acres: 3.62
Variable Acres: No
Basement: No
Units: 160
Year Built: 1970
Occupancy: Vacant
Electricity On: Yes
Apx SqFt - Total: 79258
Total Baths: 161
Sq Ft Source: County Tax Records
School District: Hazelwood
Elementary School: Armstrong
Middle School: West
Solar: No
Apx SqFt - Warehouse: 0

Remarks Misc

Directions (Starting from): 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.

Meters

Electric Meters: Master
Water Meters: Master

More Information

Remarks & Misc

Public Remarks: 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.

Style

2 Story: Yes

Property Condition

Existing Structure: Yes

Possession

At Close: Yes

Financing

Cash: Yes
Conventional: Yes

Parking

Private Lot: Yes

Features

Entrance - More than 1: Yes
Sign - Pole: Yes
Sign - Roof: Yes

Utilities

Electricity Available: Yes
Sewer - City: Yes
Water - City: Yes

Flooring

Concrete: Yes
Vinyl: Yes

Property Features

Style: 2 Story Property Condition: Existing Structure Possession: At Close Financing: Cash; Conventional Parking: Private Lot Features: Entrance - More than 1; Sign - Pole; Sign - Roof Utilities: Electricity Available; Sewer - City; Water - City Flooring: Concrete; Vinyl

Listing Office: CHARLES BURT REALTORS

Listing Agent: Kortni Johnson

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.