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506 N Hanover St
Okawville, IL 62271
Original Springs Hotel · Hospitality Property For Sale · 20,323 SF
PROPERTY FACTS
Property Type | Hospitality | No. Stories | 3 |
Property Subtype | Hotel | Year Built/Renovated | 1867/2003 |
Building Class | B | Parking Ratio | 1.72/1,000 SF |
Lot Size | 1.50 AC | Corridor | Interior |
Building Size | 20,323 SF |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 1.50 AC |
Building Size | 20,323 SF |
No. Stories | 3 |
Year Built/Renovated | 1867/2003 |
Parking Ratio | 1.72/1,000 SF |
Corridor | Interior |
Amenities
- Pool
- Restaurant
- Spa
- High Speed Internet Access
- Patio
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Hot Tub
About 506 N Hanover St , Okawville, IL 62271
In 1867, Rudolph Plegge discovered mineral water at this location. Soon after a hotel and Spa was built to accommodate the flood of people who would visit the town to take in the waters curative properties. The original hotel burned down and the current hotel was rebuilt in its place in 1893 with additions over time. The hotel is the last operating mineral spa in the state of Illinois and is listed on the national register of historic places. The business consists of 36 hotel rooms, 5 of which are suites, a 3 bedroom apartment that is currently rented, a spa, heated indoor pool, restaurant, lounge, sports bar, beer garden, and meeting rooms. Located on a full 1.5 acre block. Located just over a mile off of I-64, 41 miles east of downtown St Louis. Pristine 18 hole golf course blocks away, Carlyle lake recreation area 18 miles away. Too much to list. Do not miss your one opportunity at this unique property!
Links
PROPERTY TAXES
Parcel Number | 12-06-21-113-001 | Improvements Assessment | $249,247 |
Land Assessment | $14,700 | Total Assessment | $263,947 |
PROPERTY TAXES
zoning
Zoning Code | Commercial |
Commercial |
Learn More About Investing in Hospitality Properties
Listing ID: 15814285
Date on Market: 4/24/2019
Last Updated:
Address: 506 N Hanover St, Okawville, IL 62271