5533 Water St Augusta, MO 63332-1016
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.
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Kickstand Katy Trail | Augusta Cycling Facility (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.