5533 Water St Augusta, MO 63332
- Showrooms
- 885 SF
- 0.41 lot acres
Current Use by Public Records
- Kickstand Katy Trail | Augusta / Bicycle Rental Service
Property Details for 5533 Water St
- Year built
- 1986
- Lot size
- 0.41 lot acres
- Property size
- 885 SF
- Property type
- Showrooms
- APN
- 1-0033-4002-07-0001.0000000
- APU
- 9223372036854775807
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Augusta
- County
- St. Charles
- State
- Missouri
- Longitude
- -90.8809
- Latitude
- 38.5705
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA