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406 W Highway 50 1,120 SF Retail Building O'Fallon, IL 62269 $285,000 ($254.46/SF)
Investment Highlights
- Heavily trafficked road
- Large floor plan with flexible use
- Drive-thru window
Executive Summary
Rare opportunity to own or lease an iconic O'Fallon commercial building on heavily trafficked Highway 50. Ideally located near schools, parks, and I-64. Brand new siding and roof (2025). Has several parking spaces, dual-sided order window, and drive-thru. Separate side entrance for deliveries. Sale is for building and does not include business/equipment.
Broker owned.
Broker owned.
Property Facts
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,120 SF
Year Built/Renovated
1955/1990
Price
$285,000
Price Per SF
$254.46
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.26 AC
Zoning
B-1 Commercial
Parking
25 Spaces (22.32 Spaces per 1,000 SF Leased)
Frontage
200’ on West Highway 50
Amenities
- Drive Thru
- Monument Signage
- Air Conditioning
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04-30.0-423-003 | Improvements Assessment | $44,540 |
| Land Assessment | $13,181 | Total Assessment | $57,721 |
Property Taxes
Parcel Number
04-30.0-423-003
Land Assessment
$13,181
Improvements Assessment
$44,540
Total Assessment
$57,721
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406 W Highway 50
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