Downtown Retail Storefront with
For Sale
$1,000,000
1305 N Main, O Fallon, MO 63366
Retail storefront property with about 256 feet of North Main Street frontage and an adjoining car lot for parking or expansion.
Property Size2,400 SF
Price / SF$416.67
Days on Market95
Property Features for 1305 N Main
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Commercial
Building Details
Year Built
1970
Listing Agency:
Southern Oaks Realty, LLC
Listed By:
Nora Kitchen () · License #1999026695
(636) 577-0312
Source:
Davisrealtor
Added: Jul 20
Changed: Oct 15
Last Checked: Oct 20 at 8:01PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Southern Oaks Realty, LLC
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Investment Insights
Based on property information with market context.
This downtown retail storefront offers approximately 2,400 square feet of commercial space and includes an adjoining large lot currently used as a car lot. The property is occupied by Sturgis 66 and Golden Cars, and both tenants are set to vacate prior to closing, creating the option for immediate owner occupancy or new leasing.
The site features about 256 feet of frontage along North Main Street, providing exposure for a variety of commercial uses. Reported improvements include a new roof installed in 2024, along with updated electrical and plumbing systems completed in 2015.
An additional adjacent vacant 1.21-acre parcel may be available for purchase separately, which could support further parking, expansion, or future development depending on the buyer’s plans.
The site features about 256 feet of frontage along North Main Street, providing exposure for a variety of commercial uses. Reported improvements include a new roof installed in 2024, along with updated electrical and plumbing systems completed in 2015.
An additional adjacent vacant 1.21-acre parcel may be available for purchase separately, which could support further parking, expansion, or future development depending on the buyer’s plans.
Key Highlights
- Approximately 256 ft of highly visible frontage along North Main Street in Downtown O'Fallon.
- Over 2,400 SF commercial building with current tenants Sturgis 66 and Golden Cars scheduled to vacate prior to closing.
- Adjoining large lot currently used as a car lot, adding parking, expansion possibilities, or future development options.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,149
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,980
$663.0K
Cap Rate 7%
$473,557
$473.6K
Cap Rate 9%
$368,322
$368.3K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$54.4K $22.68/SF
− Vacancy
−$7.1K −$2.95/SF
EGI
$47.4K $19.73/SF
− OpEx
−$14.2K −$5.92/SF
NOI
$33.1K $13.81/SF
Area
St. Charles County, MO
Vacancy
13.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$662,980
Cap Rate 7%
$473,557
Cap Rate 9%
$368,322
Alternative Uses
Best Use
Retail
$473.6K
$414.4K – $552.5K
NOI $33,149 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$635.2K
$555.8K – $741.1K
NOI $44,463 @ 7.0% cap · market cap 4.45%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 50%
McDonald's
Dining
21,623 visits/mo
0.4 miles
Mobil
Shops & Services
13,314 visits/mo
0.1 miles
Phillips 66
Shops & Services
6,979 visits/mo
0.2 miles
Plaza Tire Service
Shops & Services
1,735 visits/mo
0.4 miles
Demographics for 63366, MO
53,861
Population
21,204
Households
2.5
Avg Household Size
38
Median Age
34%
College-Educated
95%
High-School Grad
69.3 sq mi
ZIP Area
777
Density / Sq Mi
$98,237
Median Household Income
$51,750
Median Earnings
$1,274
Median Rent
$283,900
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront property with about 256 feet of North Main Street frontage and an adjoining car lot for parking or expansion.
Where is this storefront property located?
The property is located at 1305 N Main O Fallon, MO.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Approximately 256 ft of highly visible frontage along North Main Street in Downtown O'Fallon.; Over 2,400 SF commercial building with current tenants Sturgis 66 and Golden Cars scheduled to vacate prior to closing.; Adjoining large lot currently used as a car lot, adding parking, expansion possibilities, or future development options.
