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1640 E Hwy 50 - Lot 1

1.08 Acres of Commercial Land Offered at $259,000 in O'Fallon, IL 62269

Investment Highlights

  • Great visibility
  • Located in growing area of O'Fallon
  • Close to Interstate

Executive Summary

(12) “B-1”, Community Business District.
(a) Permitted principal structures. Building structures of the following class: Class 1, conventionally-built building structures; Class 2, prefabricated building structures; and Class 3, modular building structures.
(b) Permitted uses.
1. Retail sale establishments.
a. General merchandise retail stores, limited to: department stores; dry goods stores; and limited price variety stores.
b. Food merchandise retail stores, limited to: bakeries, non-manufacturing, except for retail sale upon the premises only; candy and confectionery shops; dairy product markets; delicatessens; fruit and vegetable markets; grocery stores (excluding convenience food stores); health food stores; liquor, beer and wine package goods stores; and meat, fish, seafood and poultry markets.
c. Furniture and home furnishing retail stores, limited to: China, glassware and metalware stores; draperies, curtains and upholstery stores, including custom-made service, and supplies; floor covering and carpet stores, including installation service; furniture stores; household appliance stores, including repair and service; interior decorator’s service stores or offices, excluding fabrication shops; lamp and mirror stores; musical instrument stores, including repair and tuning service, and supplies; office furniture and business machine stores, including service, repair, supplies, and equipment; and radio, television, computer, and audio and video recorder stores, including parts, repair, service and supplies.
d. Eating and drinking place, retail, limited to: coffee shops; confectionery and ice cream stores; fast-food restaurants, including carry-out service; food caterer’s shops, retail; pizza parlors, with or without delivery service; private membership clubs, lodges or organizations offering food for member’s consumption on the premises; restaurants, cafés, and cafeterias; and tea rooms; drive-in restaurants; and provided none of the uses listed in this division (D)(11)(b)1.d. shall provide patron drive-through service facilities; and further provided that; there shall be no sale or consumption of alcoholic beverages upon the premises.
e. Apparel and accessories, retail stores and shops, limited to: apparel accessory shops; clothing stores; custom tailoring and dressmaking shops; furrier shops; jewelry and lapidary shops; millinery shops; and shoe stores.
f. Motor vehicles, including parts and accessories, retail sales, limited to: new automobiles, vans and truck, three-fourths ton and under, motorcycles, mopeds and motorscooters, and marine craft, together with their repair and service; tires, batteries, lubricants and motor vehicle accessories, including service and installation, but excluding repair garages; and new and rebuilt motor vehicle parts and supplies, and excluding repair garages.
g. Miscellaneous retail sales stores and shops, limited to and including the offering for retail sale any or of the following commodities: art articles and artist’s supply stores; auction halls, second hand merchandise stores and antique shops; books, magazines, newspapers, greeting cards and stationery (including letterhead and business card printing) stores; camera and photographic supply shops, including optical goods; coin and stamp stores; drug and tobacco stores, including, but not limited to, retailing of toiletries, notions and sundries; equipment rental stores (excluding motor vehicle and trailer rental); florists; gift, novelty, curio, and souvenir shops; hardware and lawn and garden equipment and supply stores; hobby, craft and sporting goods shops, including trophies and engraving, taxidermists, gunsmiths and bicycles; leather and luggage retail shops; newspaper distri-bution and delivery stations; pet shops, retail; and photography proces-sing patron drop-off stations, retail (excluding patron drive-through service).
2. Professional service offices and clinics. Limited to: architects’ office, excluding landscape architects; attorney’s office; dentist’s office and dental clinics and dental laboratories; engineer’s office; optometrist’s office; physician’s office, physician’s clinic and medical laboratories; psychiatrist’s office and psychiatric clinics; public and certified public accountant’s office, excluding bookkeepers; surgeon’s office and ambulatory surgical clinics; and any other professional service office of professional practitioners who by formal education and training, at an accredited college or university, and by examination and registration are qualified to perform services of a professional nature, excluding veterinarians, veterinarian’s services and chiropractors.
3. Finance, real estate and/or insurance service offices. Limited to: banks; credit service offices, including credit unions; holding and investment services offices; insurance agents, brokers, carriers and service offices; real estate agents, brokers and/or management service offices; real estate operators and lessor’s offices; registered land surveyor’s offices; savings and loan associations offices; security and commodity brokers, dealers, and flotation service offices; and title abstracting service offices.
4. Business service offices. Limited to: advertising service offices, excluding fabrication shops; bookkeeping services; business management and consulting service offices; consumer and mercantile credit reporting service offices, including adjustment and collection services; direct mail advertising service offices; direct selling organi-zation offices; employment service offices; manufacturer’s repre-sentative office; security services office; stenographic, duplicating, mailing and/or telephone answering service office; and trade union offices.
5. Personal service establish-ments. Limited to: barber’s service shop; beautician’s service shop; chiropractic services office or clinic; dance instruction studios; garment alteration and repair service; laundry service establishments, including coin-operated or self-service establishments, but excluding industrial and/or business (uniform, linen and the like) laundering and supply service; photographer’s studio or office and photographic service offices; reducing and/or physical fitness centers; and travel arranging service office.
6. Repair service establishments. Limited to: Household appliance repair service shops, including, but not limited to, water heaters, ranges, refrigerators, clothes dryers, washing machines, water heaters, air conditioners and furnaces, and the retail sale thereof as limited by division (D)(11)(b)1.; locksmith’s shops; musical instrument repair and tuning service shops; radio, television, tape and video recorders, and computer repair service shops; shoe and leather goods repair servic

Property Facts

Price $259,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Bank
  • Convenience Store
Total Lot Size 1.08 AC

1 Lot Available

Lot

Price $259,000
Price Per AC $239,815
Lot Size 1.08 AC

1.08 acre commercial Platted Entrance from Highway 50 B-1 Zoning Surrounded by new developments currently under construction Level Lot along Highway 50 in East O'Fallon. Interstate 64 access within 3 minutes. Interstate 255 within 5 minutes.

Description

Water and Sewer at site! Daily Traffic Count 11,300 Great visibility along Highway 50. McKendree Rec Plex across the street New mixed use Multi family/Commercial currently under construction 1/2 mile away 5 Minutes away from Mid-America Airport Interstate 64 Access less than 1 mile. Scott Air Force Base less than 3 miles away Downtown ST Louis less than 13 minutes away Level topography All uses must conform to current zoning B-1 or request to change zoning application may apply Located in platted O'Fallon Business Park

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-33.0-209-002
Land Assessment
$57,437
Improvements Assessment
$0
Total Assessment
$57,437

zoning

Zoning Code B-1
B-1
  • Listing ID: 23427248

  • Date on Market: 6/16/2021

  • Last Updated:

  • Address: 1640 E Hwy 50, O'Fallon, IL 62269

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