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1902 W Highway 50, O'Fallon, IL

Prime Commercial Opportunity in High-Traffic Area! and | 15,246 SF

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Asking Price: $400,000
Earnest Money  Deposit: 1% min.
Listing Broker NameJo Woodward

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Address 

1902 W Hwy 50, O'Fallon, IL 62269

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Date Added
Dec 2, 2024
Days on Market
111 days
Time Since Last Update
111 days

Details

Property TypeRetail, Multifamily, Mixed Use, Land
SubtypeSingle Family Rental Portfolio
Investment TypeOwner/User
ClassB
TenancyVacant
Square Footage1,510
OccupancyVacant
Units2
Year Built1960
Year Renovated1995
Buildings1
Stories2
ZoningB-1
Lot Size (sq ft)15,246
Broker Co-OpYes
APN03-26.0-104-031

Marketing Description

Prime Commercial Opportunity in High-Traffic Area! Unlock the potential of this 1,500+ SF property, ideally zoned B-1 and previously used as a multi-family investment with two (2) two-bedroom rental units.​ Situated on a prominent corner lot with 75 feet of frontage on Highway 50 and 208 feet on Brookside, this property boasts exceptional visibility—perfect for signage with 19,500 daily traffic count.​ Located in a bustling commercial corridor surrounded by thriving retail, big-box stores, etc.​ this property is a rare gem in a high-demand area.​ Conveniently close to interstate access, it offers unparalleled connectivity, being just 15 minutes from both downtown St.​ Louis and Scott Air Force Base.​ Whether you’re envisioning a retail storefront, office space, or continuing its current use, this versatile property provides ample opportunity to maximize your investment in a prime location.​ Don’t miss your chance to secure this high-visibility, high-potential property!

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Broker Name
Jo Woodward
Broker License
475.116390
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