504 W 5th St - Hospitality FOR SALE


Washington, MO 63090
$875,000 USD
314-503-2233
504 W 5th St, Washington, MO for Sale
$875,000 USD
Hospitality - FOR SALE
1/53
null | 5.87% Cap Rate

504 W 5th St
Washington, MO 63090


HIGHLIGHTS

  • Downtown City of Washington
  • Historical building close to all the tourist attractions of Washington
  • Newly renovated between 2017-2018

OVERVIEW

Exceptional Turnkey Bed & Breakfast in Historic Downtown Washington, MO – $875,000 Discover this fully furnished, meticulously renovated 5-bedroom, 5.5-bath B&B nestled in the heart of the Stafford-Olive Historic District. With over 3,500 sq ft of elegant living space, this 10-room property is rich in charm and updated with modern amenities—heated tile floors, soaking tubs, original stained-glass windows, and historic millwork throughout. The property includes a private owner’s suite with den and lanai, a designated library with built-ins and coffee bar, screened lanai, koi pond, custom garage mural, and professional landscaping. Kitchen features quartz countertops and seating for 12. Business assets include luxury linens, antique furnishings, 4 smart TVs, porch/patio furniture, website, branding, and a loyal customer base with stellar 5-star reviews on major platforms. Business potential is untapped—28% occupancy in 2023 on weekends only. Ideal as a B&B, vacation rental, or event venue. Located near entertainment, tourism, and anticipated Amtrak expansion. Sale includes a year of mentorship from seasoned owners with 45+ years in hospitality. Utility highlights: solar panels, individual climate zones, 3 water heaters, 2 washers/dryers, soft water system, 3 car detached garage, 2 c carport and 4 spaces off-street parking. Zoned for continued growth with low overhead and high upside. Don’t miss this rare opportunity to own a thriving hospitality gem in a premier location.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$248 USD /SF

# OF ROOMS

8

PRICE/ROOM

$109,375 {currency}

CAP RATE

5.87%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hoefel Haus

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1912

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

residential/commercial

APN/PARCEL ID

10-5-220-2-013-367000

ASK ABOUT THIS PROPERTY

Laura Hennicke FrankenbergBerkshire Hathaway Alliance Real EstateMore Info
314-503-2233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Laura Hennicke FrankenbergBerkshire Hathaway Alliance Real EstateMore Info
314-503-2233

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.