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300 S College Street, Arcadia, MO, 63621

Exceptional Mixed-Use Opportunity | Historic Boutique Hotel & Event Center Rare opportunity to own a beautifully restored, income-producing property currently operating as a boutique hotel and event center. Ideally located directly off a main highway with excellent frontage and visibility, just 90 miles south of St. Louis and only 1 mile from the Amtrak station. Originally built in 1884, this award-winning property received the State of Missouri’s Best Restoration Award in 2006 and seamlessly blends historic charm with modern functionality. The expansive layout offers just under 7,000 sq ft featuring 5 bedrooms, 4 full bathrooms, and 3 half baths, situated on over 1.5 acres. Zoned and suited for both residential and commercial use, this versatile property presents endless possibilities, continue as a successful Airbnb or bed & breakfast, or transform into a restaurant, retail space, salon and spa, retreat center, winery, or microbrewery. Positioned adjacent to a thriving historic attraction drawing tens of thousands of visitors annually, and located in a tourism-rich area near Elephant Rocks State Park, Johnson’s Shut-Ins, Taum Sauk Mountain (Missouri’s highest point), Civil War battlefield, and the Black River and more. Enjoy proximity to outdoor recreation including boating, floating, fishing, hiking, and Shepherd Mountain Bike Park. Additional feature includes a 70’ x 20’ former trunk house on the east side of the property, currently used for storage. This is a one-of-a-kind investment opportunity offering history, location, and unlimited potential. For purchase or lease

Subdivision: Harris Add To Arcadia

List Price

$ 795,500

Status

Active

Days on market

0

MLS#

26021741

Bedrooms

0

Full baths

0

Subdivision

Harris Add To Arcadia

County

Iron

Property Type

Commercial Sale

Type

Commercial Sale

Additional Information

Property Tax (2025)

$2,764

Recent Nearby Sales in 63621

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
8765 Highway E, Unincorporated, MO 63621 3/2 1,676 $310,000 $275,000
88.7% of ask
Sep 9, 2026
1291 Madison 515, Unincorporated, MO 63621 0/1 1,590 $480,000 $480,000
100% of ask
Sep 9, 2026
112 Riverside Drive, Arcadia, MO 63621 3/2 1,506 $249,900 $248,500
99.4% of ask
Jul 13, 2026
4449 Co. Rd. 131, Arcadia, MO 63621 0/0 -- $45,000 $38,000
84.4% of ask
Jun 18, 2026
524 Collie Street, Arcadia, MO 63621 3/1 1,120 $149,900 $142,500
95.1% of ask
Jun 18, 2026
0 Hwy E, Fredericktown, MO 63621 0/0 -- $175,000 $200,000
114.3% of ask
Jun 5, 2026

Price & Listing History

Listed for sale
Apr 20, 2026 at $795,500
Current status: Active
As of Jul 20, 2026 · $795,500

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