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3604 Mcmasters Avenue, Hannibal, MO 63401

Hannibal
Local realty services provided by:CENTURY 21 Bailey & Co.
3604 Mcmasters Avenue,Hannibal, MO 63401
$1,500,000
  • - Beds
  • - Baths
  • 17,600 sq. ft.
  • Multi-family
  • Coming Soon
Listed by: ryan j farber, andrew scanlan
Office: compass realty group
MLS#:26064691
Source:MO_MARIS

Price summary

  • Price:$1,500,000
  • Price per sq. ft.:$85.23

About this home

This 43 - unit extended-stay hotel presents an excellent opportunity for an investor seeking an established, income-producing property with strong operational history. All rooms have received at least some updates, with select units featuring completely new furniture and appliances. The property has built a strong reputation among guests, reflected in consistently high reviews and positive feedback. Historically, the hotel has maintained high occupancy levels, demonstrating strong and sustained demand for extended-stay accommodations. In recent months, demand has been particularly strong, with the property reaching full occupancy and maintaining waiting lists during certain periods. The extended-stay model provides guests with the convenience and flexibility of longer-term accommodations while offering the owner potential for stable recurring revenue. The combination of updated units, strong guest satisfaction, and proven occupancy makes this property an attractive turnkey investment...

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Home facts

  • Year built:1935
  • Subdivision & Development:Shepherd Place
  • Listing ID #:26064691
  • Updated:October 09, 2026 at 06:46 PM

Rooms and interior

  • Kitchen Description:Microwave
  • Basement:Yes
  • Basement Description:Unfinished
  • Living area:17,600 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Electric

Structure and exterior

  • Year built:1935
  • Building area:17,600 sq. ft.
  • Lot area:0.52 Acres
  • Construction Materials:Brick, Brick Veneer, Concrete, Frame
  • Levels:2 Story

Schools

  • High school:Hannibal Sr. High
  • Middle school:Hannibal Middle
  • Elementary school:Veterans Elem.

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,500,000
  • Price per sq. ft.:$85.23
  • Tax amount:$19,330 (2025)
MLS LogoCopyright 2026 Mid-America Regional Information Systems. All rights reserved. Listings courtesy of Mid-America Regional Information Systems as distributed by MLS GRID <Last Updated October 9, 2026. Mid-America Regional Information Systems provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Mid-America Regional Information Systems will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Mid-America Regional Information Systems. MO_MARIS Member Broker: Tina Besserman

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