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The Last Hotel St Louis 1501 Washington Ave 142 Room Hotel Saint Louis, MO 63103 $22,811,251 CAD ($160,643 CAD/Room)



EXECUTIVE SUMMARY
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 .
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 .
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
PROPERTY FACTS
| Price | $22,811,251 CAD | Lot Size | 0.38 AC |
| Price Per Room | $160,643 CAD | Building Size | 160,541 SF |
| Sale Type | Investment | No. Rooms | 142 |
| Property Type | Hospitality | No. Stories | 10 |
| Property Subtype | Hotel | Year Built | 2019 |
| Building Class | B | Corridor | Interior |
| Zoning | Commercial | ||
| Price | $22,811,251 CAD |
| Price Per Room | $160,643 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 0.38 AC |
| Building Size | 160,541 SF |
| No. Rooms | 142 |
| No. Stories | 10 |
| Year Built | 2019 |
| Corridor | Interior |
| Zoning | Commercial |
AMENITIES
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- On-Site Retail
- High Speed Internet Access
- Patio
- On-Site Bar
- Boutique/Lifestyle Hotel
- Meeting Event Space
- Smoke-Free
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 6 | $600.01 CAD | - |
| Guest Room | 136 | $347.01 CAD | - |
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Walk Score®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 0521-00-0060-0 | Improvements Assessment | $7,398,236 CAD |
| Land Assessment | $226,988 CAD | Total Assessment | $7,625,224 CAD |
PROPERTY TAXES
Parcel Number
0521-00-0060-0
Land Assessment
$226,988 CAD
Improvements Assessment
$7,398,236 CAD
Total Assessment
$7,625,224 CAD
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The Last Hotel St Louis | 1501 Washington Ave
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