7350 North Hanley Road, Florissant, MO 63033 (MLS# 60305549)

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

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# 60305549

Contract Information

Property Sub-Type: Apartment Building
Begin Date: 2025-09-22
Transaction Type: Sale
Foreclosure/Short Sale: No
Agreement Type: Exclusive Right To Sell

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

General Property Description

SqFt Finsh'd & Unfnsh'd: 5000 or more
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
Waterfront/View: None
Lake/River: None
Total Monthly Rent: 0

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.

Location, Tax and Other Information

Inside City Limits: Yes

More Information

How to Show

Call Listing Agent: Yes

Utilities

Master Meter: Yes

Cooling

Other - See Remarks: Yes

Heating

Other - See Remarks: Yes

Possession

At Closing: Yes

Will Sell

1031 Exchange: Yes
Cash: Yes
Conventional: Yes

Buildings

Two Stories: Yes

Water

City Water: Yes

Sewer

City Sewer: Yes

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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