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Renovation-Ready Commercial Building
For Sale
$399,900

57 W Ofallon Dr, O Fallon, MO 63366

Existing structure in a C2 General Commercial District is ready for new plans after the zoning change.

Property SizeContact for details
Days on Market49

Property Features for 57 W Ofallon Dr

General Information

Standard status Active
Property subtype Residential
Zoning C2

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $2,755
Listing Agency: Meyer Real Estate
Listed By: Donald Rothermich
Source: Exprealty
Added: Jul 21 Changed: Aug 31 Last Checked: Sep 7 at 2:02PM

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 Meyer Real Estate

Investment Insights

Based on property information with market context.

The property features an existing structure that the seller describes as having “great bones” and ready for renovation. The zoning has already been changed to the C2 General Commercial District, and the next step is for the new owner to bring plans to the County. The current building configuration could be adapted for a range of business needs, including a veterinary office, doctor’s office, professional services, and day care.

The site is just over an acre and is described as conveniently located on Veterans Memorial Parkway with highway frontage and easy access to the highway.

Overall, it presents a renovation-focused ownership opportunity with zoning in place to support commercial development as permitted under the C2 General Commercial District.

Key Highlights

  • Zoning has been changed to C2 General Commercial District and is ready for new plans with the County
  • Existing structure could be renovated to fit a wide range of business uses, including vet office, doctor office, professional services, and day care
  • Just over 1 acre with commercial highway frontage and easy access to highway 70

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Auto Parts Store Garden Center Storage Facility (Bike/Boat/Book/etc) Store Bakery HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

286
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Existing structure in a C2 General Commercial District is ready for new plans after the zoning change.
Where is this medical office space located?
The property is located at 57 W Ofallon Dr O Fallon, MO.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Zoning has been changed to C2 General Commercial District and is ready for new plans with the County; Existing structure could be renovated to fit a wide range of business uses, including vet office, doctor office, professional services, and day care; Just over 1 acre with commercial highway frontage and easy access to highway 70
More about this property
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