2745 Glenstone Ave Springfield, MO 65803-4741

This 102-key hotel, located at 2745 N Glenstone Ave, Springfield, MO 65803, presents a significant value-add opportunity. The property, boasting 41,760 square feet on a 2.48-acre lot (APN 12-06-401-126), is offered at a reduced price of $3,300,000, or $79.02 per square foot, representing a compelling $32,038 per key. Built in 1979, this three-story hotel features a mix of interior and exterior corridors, reflecting its HC permitted zoning. Its prime location in a high-traffic area places it minutes from major local attractions and nationally recognized corporate headquarters, offering convenient access to Springfield National Airport (only 10 miles away). The property's current operational status presents a chance for an investor to implement operational improvements and enhance its overall value. This represents a rare opportunity to acquire a well-situated hotel in a thriving Missouri market. The property's size and location make it an attractive investment for experienced hospitality operators seeking a value-add project with significant upside potential. The asking price reflects a substantial price reduction of $650,000, making this an even more compelling investment opportunity.