7350 North Hanley Road, Florissant, MO 63033
$5,000,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
157,687
Status:
Active
Current Price:
$5,000,000
List Date:
9/24/2025
Last Modified:
12/18/2025
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.
More Information MLS# 60305549
Contract Information
Transaction Type: Sale
Foreclosure/Short Sale: No
Property Sub-Type: Apartment Building
Begin Date: 2025-09-22
List Price: $5,000,000
Agreement Type: Exclusive Right To Sell
Location, Tax and Other Information
Inside City Limits: Yes
General Property Description
SqFt Finsh'd & Unfnsh'd: 5000 or more
Total Monthly Rent: 0
Waterfront/View: None
Lake/River: None
Aprx Year Built: 1970
Number of Units: 160
Aprx Lot Size (Acres): 3.62
Lot Dimensions: Acres
Elementary School: Armstrong
Middle School: Hazelwood West
High School: Hazelwood West
How to Show
Call Listing Agent: 1
Utilities
Master Meter: 1
Cooling
Other - See Remarks: 1
Heating
Other - See Remarks: 1
Possession
At Closing: 1
Will Sell
1031 Exchange: 1
Cash: 1
Conventional: 1
Buildings
Two Stories: 1
Water
City Water: 1
Sewer
City Sewer: 1
Location Tax and Other Information
Street #: 7350
Street Direction: North
Street Name/Route: Hanley
Suffix: Road
County: St. Louis
State/Province: MO
Zip Code: 63033
Subdivision: St. Louis-Not in List
Parcel ID: 09k-32-4464
Real Estate Tax: 73524
Tax Year: 2024
Zoning: G
Remarks Misc
Directions: The property is easily accessible from I-270 by taking 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.
Status Change Info
Status: Active
Property Features
How to Show: Call Listing Agent
Cooling: Other - See Remarks
Heating: Other - See Remarks
Buildings: Two Stories
Water: City Water
Sewer: City Sewer
Utilities: Master Meter
Possession: At Closing
Will Sell: 1031 Exchange; Cash; Conventional
Listing Office:
Charles Burt Realtors
Last Updated: December - 18 - 2025
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