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Freestanding Restaurant with Drive-Thru
For Sale
$417,000

8500 Morganford Road St, Louis, MO 63123

COMMERCIAL - St Louis, MO

Property SizeContact for details
Lot Size0.20 Acres
Days on Market19

Property Features for 8500 Morganford Road St

General Information

Property type Commercial Sale
Property subtype Retail
Parking features Open, Parking Lot
Subdivision Carondelet Commons
Standard status Active
APN 26H-54-0883
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6505

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air, Electric
Water source Public

Amenities

private office space
storage
canopy

Building Details

Year built 1951
Floors in Building 2
Listing Agency: RE/MAX Results · RE/MAX International
Listed By: Sarah Nguyen-Bani · License #2002004718
Added: Jul 22 Changed: Aug 4 Last Checked: Aug 9 at 7:06PM
MLS# 26033409

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Freestanding conventional restaurant building on a highly visible corner lot on Morganford Road, designed for both dine-in and drive-thru service. The facility includes two customer seating/retail areas, a private office, a commercial kitchen, ample storage, and a drive-thru window. An additional 1,008+/- sq. ft. second-floor space provides storage or potential auxiliary use, and the property has approximately 12 off-street parking spaces.

The building is currently leased to a Donut House operation, with approximately four years remaining on the current lease and annual 3% rent increases. The tenant has expressed interest in continuing occupancy. Heating is forced air with natural gas, and cooling is electric central air. Water service is provided via public water.

Built in 1951 on a 0.2-acre lot, the property is conveniently located near Interstate 55 for strong accessibility and visibility.

Key Highlights

  • 0.2‑acre corner lot restaurant building with strong street exposure
  • Drive‑thru window plus two customer seating/retail areas
  • Commercial kitchen, private office, and ample storage throughout

Property Analytics

Current Use

Conventional restaurants

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

162
Businesses Nearby
27k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 63% Groceries 28% Dining 8%
Dollar Tree Shops & Services
16,849 visits/mo 0.1 miles
Save-A-Lot Groceries
7,541 visits/mo 0.5 miles
Pizza Hut Dining
2,152 visits/mo 0.5 miles

Demographics for 63123, MO

50,989
Population
23,208
Households
2.2
Avg Household Size
41
Median Age
36%
College-Educated
92%
High-School Grad
12.5 sq mi
ZIP Area
4,079
Density / Sq Mi
$74,187
Median Household Income
$43,458
Median Earnings
$987
Median Rent
$205,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding corner restaurant building with a drive-thru window, leased operation, and central air cooling.
Where is this conventional restaurant located?
The property is located at 8500 Morganford Road St Louis, MO.
What is the asking price?
The asking price for this property is $417,000.
What are key features of this property?
This property features: 0.2‑acre corner lot restaurant building with strong street exposure; Drive‑thru window plus two customer seating/retail areas; Commercial kitchen, private office, and ample storage throughout
More about this property
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