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Vintage Multi-Unit Motel Property
For Sale
$115,000
Pending

1303 Highway 63, Cabool, MO 65689

Built in 1940, this native stone motel offers flexible restoration and repurposing options with an on-site well house.

Property SizeContact for details
Days on Market386

Property Features for 1303 Highway 63

General Information

Standard status Pending

Taxes and HOA fees

Annual Taxes $719

Building Details

Year Built 1940
Listing Agency: RE/MAX Farm and Home
Listed By: Duncan Glen Smith · License #2017014759
Source: Exprealty
Added: Jul 23, 2025 Changed: Aug 8 Last Checked: Aug 11 at 9:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Farm and Home

Investment Insights

Based on property information with market context.

This vintage, multi-unit motel was built in 1940 and constructed of native stone. The property presents an aged, ready-for-restoration profile for an owner who wants to refresh the existing rooms and bring the asset back to practical operating condition. An artesian well is located behind the main building within a historic stone well house, adding a distinctive on-site amenity.

The property is positioned at the north entrance of Cabool in the Southern Missouri Ozarks, with mature shade trees along the frontage and pass-by car visibility from the main approach.

From an operational standpoint, the existing motel configuration can support overnight rental use, or it may be considered for conversion to long-term housing, depending on the buyer’s plans and requirements. The combination of the historic structure and the on-site well house makes this a distinctive hospitality-to-residential candidate for buyers focused on adaptive reuse or property restoration. Buyers should plan to evaluate the condition of the improvements as part of their due diligence before finalizing a restoration or repurposing scope.

Key Highlights

  • Vintage native stone motel/apartment building built in 1940 in Cabool, Missouri
  • On‑site historic stone well house with an artesian well behind the main building
  • Motel offers flexible restoration and repurposing options for long‑term housing, overnight rentals, or both

Property Analytics

Current Use

Motels

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Clothing & Fashion Store Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby
Well-served
Demand for This Use

Demographics for 65689, MO

4,185
Population
2,214
Households
1.9
Avg Household Size
48
Median Age
19%
College-Educated
84%
High-School Grad
177.3 sq mi
ZIP Area
24
Density / Sq Mi
$42,990
Median Household Income
$32,313
Median Earnings
$651
Median Rent
$128,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Motel - Built in 1940, this native stone motel offers flexible restoration and repurposing options with an on-site well house.
Where is this motel located?
The property is located at 1303 Highway 63 Cabool, MO.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Vintage native stone motel/apartment building built in 1940 in Cabool, Missouri; On‑site historic stone well house with an artesian well behind the main building; Motel offers flexible restoration and repurposing options for long‑term housing, overnight rentals, or both
More about this property
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