Discover a rare investment opportunity with The Last Hotel, an iconic 10-story boutique hotel located at 1501 Washington Avenue in the heart of downtown St. Louis. This meticulously restored 1909 building—formerly the International Shoe Company—has been transformed into a design-forward hospitality destination that honors its industrial heritage while offering modern luxury. Property Overview: 142 Guest Rooms, including 47 Junior Suites, 1 Governor’s Suite, and 1 Presidential Suite Over 7,000 sq. ft. of meeting and event space, including two ballrooms and a rooftop lounge Rooftop pool and bar with panoramic city views $60M+ historic renovation completed in 2019 Boutique asset in former International Shoe Co. building Closed March 2025 due to legal dispute, not performance Located in Washington Avenue Historic District near City Museum Rooftop bar, event space, screening room & premium F&B infrastructure All major capex completed — minimal renovation needed High barriers to entry in branded boutique segment Ideal for value-add, repositioning, or rebranding strategy Opportunity to acquire at steep discount to replacement cost This is an exceptional opportunity to own a premier hospitality asset that combines historical significance with contemporary appeal in one of the Midwest’s most dynamic cities. Lobby-level restaurant and bar: The Last Kitchen + Bar, featuring locally inspired cuisine Unique amenities: Screening room, teaching kitchen, and curated local retail in The Pantry Architectural features: Original terrazzo floors, exposed brick, barrel ceilings, and ornate metalwork ?? Location & Market Position: Situated in the vibrant Garment District, The Last Hotel is steps from the City Museum, Enterprise Center, and Busch Stadium. Its affiliation with The Unbound Collection by Hyatt ensures global brand recognition while maintaining boutique individuality .