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406 W Highway 50 1,120 SF Retail Building O'Fallon, IL 62269 $350,000 ($312.50/SF)
INVESTMENT HIGHLIGHTS
- Heavily trafficked road
- Large floor plan with flexible use
- Drive-thru window
EXECUTIVE SUMMARY
Rare opportunity to own 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.
TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
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
$350,000
Price Per SF
$312.50
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
Walk Score®
Very Walkable (82)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04-30.0-423-003 | Improvements Assessment | $44,540 (2024) |
| Land Assessment | $13,181 (2024) | Total Assessment | $57,721 (2024) |
PROPERTY TAXES
Parcel Number
04-30.0-423-003
Land Assessment
$13,181 (2024)
Improvements Assessment
$44,540 (2024)
Total Assessment
$57,721 (2024)
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406 W Highway 50
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