Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
10.5± AC Mixed-Use Commercial Investment | Hotel, Apartments, Restaurant Potential | Hwy 67 Frontage
Located along Business Highway 67 in Cherokee Pass (Fredericktown, MO), this 10.5± acre commercial property offers a rare opportunity to acquire a multi-income, multi-building asset with exceptional redevelopment potential.
Positioned just off US Highway 67 and near State Highway A, the property benefits from outstanding visibility, convenient access, and steady traffic, making it well suited for hospitality, food service, residential rentals, commercial use, or future redevelopment.
**Existing Improvements Include:**
• Former hotel with approximately 13 units, ideal for motel, extended-stay lodging, workforce housing, or short-term rental conversion.
• Quadplex providing immediate or future residential rental income.
• Existing restaurant building ready for renovation, lease, or repositioning.
• Multiple electric meters and service connections.
The existing layout and infrastructure allow the property to operate as a true mixed-use investment or be divided into multiple income-producing components, offering flexibility for investors, developers, or owner-operators.
**Hospitality Opportunity**
Renovate and reopen the existing hotel as a boutique roadside motel, extended-stay lodging, workforce housing, or short-term rental destination serving regional tourism, business travelers, and highway traffic.
**Food & Beverage**
Bring the restaurant back to life as a diner, café, coffee shop, bar, event venue, or franchise location, creating a destination for locals while providing an amenity for overnight guests.
**Residential Income**
Stabilize or improve the quadplex and lodging units to generate long-term rental income, extended-stay accommodations, or housing for traveling professionals and contractors.
**RV or Mobile Home Expansion**
Existing utilities provide an excellent foundation for developing RV hookups or mobile home sites, creating additional recurring income with lower development costs.
**Owner-Operator Opportunity**
Ideal for an owner seeking to live and work on-site while operating a restaurant, lodging business, retail operation, or service business with multiple revenue streams from one location.
**Key Advantages**
• Prime highway frontage with excellent visibility.
• Multiple existing buildings provide a faster path to income.
• Existing utility infrastructure offers significant development cost savings.
• Flexible layout supports phased redevelopment or multiple business models.
• 10.5± acres provides room for future expansion or reconfiguration.
• Owner financing available for qualified buyers.
**Positioning Opportunity**
This is far more than a single commercial property—it's an established commercial campus with the flexibility to become a roadside hospitality destination, live/work investment, diversified income-producing property, regional business center, or branded destination concept. Whether you're an investor, developer, entrepreneur, or owner-operator, this property offers the infrastructure, acreage, location, visibility, and flexibility to unlock substantial long-term value for years ahead.
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
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Price History
04/03/2026
Listed
$498,000
Source: MARIS MLS #26019716
Source: MLS Data
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Frequently Asked Questions
How do I schedule a tour of 6795 Highway 67?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 6795 Highway 67.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 6795 Highway 67?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $498,000. We can talk through recent upgrades, potential seller motivation, how this commercial sale compares to others in Fredericktown, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 6795 Highway 67?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 6795 Highway 67 at around $3,077. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 6795 Highway 67?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Madison County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 6795 Highway 67?
In most cases, yes. Whether 6795 Highway 67 is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Fredericktown's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 6795 Highway 67?
We can handle that for you. Our preferred local agent specializes in commercial sales in Fredericktown and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
How long has this property been on the market?
6795 Highway 67 was listed on April 03, 2026, which means it's been on the market for 220 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1963, making it approximately 63 years old.
What is the lot size of this property?
6795 Highway 67 sits on a 10.45-acre lot, which is 455,202 square feet.
What are the property taxes for 6795 Highway 67?
The most recent public record shows annual property taxes for 6795 Highway 67 were approximately $2,911. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.
Is 6795 Highway 67 still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Based on information submitted to the MLS GRID as of November 09, 2026 at 10:01PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
