Inns at St. Albans
Iconic Property Featuring Event Space, Hotel & Restaurant | St. Albans, Missouri
Marketing description
CBRE is pleased to offer for sale The Inns at St. Albans (“Property”), a truly unique and versatile property located in St. Albans, Missouri.
Situated amidst picturesque rolling hills near the Missouri River, this historic establishment offers a warm and inviting atmosphere. With a range of accommodations and dining options, The Inns at St. Albans is the perfect destination for overnight stays, outdoor weddings, corporate meetings, dining events and private parties.
The property also features two iconic dining venues – Head’s Store and Old Barn Inn. A staple of the St. Albans community since the late 19th century, historic Head’s Store offers indoor and outdoor dining, snacks and beverages for on-the-go and carryout meals. The Old Barn Inn acts as an event venue with pop-up dining experiences, holiday gatherings and private events including but not limited to corporate parties, rehearsal dinners and bridal luncheons. Indoors, the Old Barn Inn dining room can accommodate parties of 63. The adjacent outdoor pavilion offers seating for 200.
Investment highlights
Sale Price: $ 14,200,000
9.2 total acres in St. Albans Missouri (*Includes 0.94 acres leased land in Grove by the Links + 1.0 acres of leased land for vineyard)
Turnkey opportunity including a general store, two wedding venues, private event space, retreat center, boutique hotel, a historic mansion, a cooking school, whole house rentals and a vineyard
Well maintained asset with longterm ownership of 20 years
Property underwent extensive renovations from 2004-2023
Recent capital expenditures include: renovations to the general store, construction of The Lodge, a 12-bedroom (18 bed) property, construction of 2 premier outdoor wedding venues, renovation of three whole house rentals, construction of 5 outdoor pavilions for private events and the opening of a cooking school on property
Property can sleep 80 guests in 28 bedrooms and accommodate large scale weddings and corporate events throughout multiple event spaces on the property
Increased occupancy and utilization through more effective marketing
Increased EBITDA through more cost-effective operations
Opportunity for increased revenue by extending operation from 4 days a week to 7 days a week
Property is nestled on scenic rolling hills near the Missouri River, just 10 minutes from Chesterfield, a St. Louis County suburb
Excellent 1 mile demographics with an average household income of $205,673 and an average home value of $616,554
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