501 Olive St | Saint Louis, MO 63101
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501 Olive St
Saint Louis, MO 63101
Hotel Indigo St. Louis - Downtown · Hospitality Property For Sale · 35,750 SF
Investment Highlights
- Rare offering of a IHG-branded, 88-room Hotel Indigo in the heart of downtown St Louis with immediate access to crucial demand drivers.
- Hotel Indigo is a chic, eclectic boutique hotel with ultra-modern decor, designer furnishings, and high-end luxury finishes.
- St Louis hospitality market boasts improving occupancy approaching 60% and enhanced RevPar at $71.45 as the market nears pre-pandemic levels.
- Excellent access to all of the cities Major League sports teams, including Busch Stadium, the home of the Cardinals, that is within walking distance.
- Close to America's Center, one of the best convention center in the Midwest, this hotel is ideally situated to gain business travel demand.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Building Size | 35,750 SF |
| Property Type | Hospitality | No. Stories | 13 |
| Property Subtype | Hotel | Year Built | 2019 |
| Building Class | B | Corridor | Interior |
| Lot Size | 0.13 AC |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 35,750 SF |
| No. Stories | 13 |
| Year Built | 2019 |
| Corridor | Interior |
Amenities
- Fitness Center
- Restaurant
- High Speed Internet Access
- On-Site Bar
- Boutique/Lifestyle Hotel
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | 011700-00850 | Improvements Assessment | $1,819,500 |
| Land Assessment | $134,000 | Total Assessment | $1,953,500 |
PROPERTY TAXES
Parcel Number
011700-00850
Land Assessment
$134,000
Improvements Assessment
$1,819,500
Total Assessment
$1,953,500
zoning
| Zoning Code | I |
| I |
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