For Sale
$500,000

5533 Water StAugusta, MO 63332

Historic Hostel, Bike Rental, Katy Trail Access

Overview

Added:
Dec 11, 2024
Days on market:
118
Prime investment opportunity in Augusta, Missouri! This unique property combines two buildings on a 0.82-acre lot at 5533 Water St, 63332. The main structure, a three-story, partially renovated hotel/motel built in 1900 with a 2021 partial renovation, offers significant upside potential. The unfinished interior allows for creative redevelopment, potentially catering to the growing tourism along the nearby Katy Trail. The property also includes a bike rental shop ("Kickstand Katy Trail"), perfectly positioned to serve cyclists exploring the popular trail. This vacant property presents a chance to create a thriving hospitality business. The commercial zoning allows for flexibility in development. The serene location adjacent to the Katy Trail Augusta Trailhead and proximity to local wineries and breweries adds to its appeal. The asking price is $500,000. This owner/user investment is ready for your vision. Two buildings are included in this sale.

Highlights

  • $500,000 asking price for a vacant hospitality property.
  • Two-building, three-story hotel/motel complex.
  • Partially renovated in 2021; unfinished interior.
  • 0.82-acre lot in Augusta, MO, zoned commercial.
  • Located near the Katy Trail and local wineries/breweries.

Property Details for 5533 Water St

Property type
Hospitality properties, Motels
Year Built/Renovated
1900/2021
Buildings
2
Stories
3
Lot Size (sq. ft)
35,719 SF

Location Insight

City
Augusta
County
St. Charles
State
Missouri
Latitude
38.5699025
Longitude
-90.8813822
5533 Water St, Augusta, Missouri

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5533 Water St
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