Building Details

Year Built 1965

Year Renovated 2022

Listing Agency: Flowers Home Realty i***@flowershomerealty.com Show Phone

Listed By: Marletta Flowers · License #2006018112 Show Phone

Source: Flowershomerealty

Added: Mar 13 Changed: Oct 23 Last Checked: Oct 23 at 1:26PM

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Investment Insights

Based on property information with market context.

This commercial property contains a licensed commissary kitchen and was adapted from residential use in 2022. The interior also offers a flexible layout, with infrastructure in place for food-related operations.

The property is located on Veterans Memorial Parkway in O'Fallon, Missouri. Originally built in 1965.

Key Highlights

• Licensed commissary kitchen
• Converted from residential to commercial use in 2022
• Located on Veterans Memorial Parkway in O'Fallon, Missouri

Property Analytics

Current Use

Matthew Mitchell: Allstate ... Insurance Agency

Suggested Use

Top Pick Big Box & Wholesale Store Kitchen & Bath Showroom Real Estate Agency Parking Lot & Garage Hotel & Motel Grocery & Convenience Store

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

Paved road access

Location Intelligence

Trade Area within ½ mile

715

Businesses Nearby

465k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 32% Superstores 28% Groceries 17% Shops & Services 10%

Walmart Superstores

129,139 visits/mo 0.3 miles

Schnucks Groceries

49,776 visits/mo 0.3 miles

Aldi Groceries

27,974 visits/mo 0.4 miles

McDonald's Dining

23,537 visits/mo 0.4 miles

At Home Home Improvements & Furnishings

23,128 visits/mo 0.2 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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Commercial kitchen - Commercial conversion completed in 2022, with interior space suited to food-related operations.

Where is this commercial kitchen located?

The property is located at 8803 Veterans Memorial Parkway O Fallon, MO.

What is the asking price?

The asking price for this property is $430,000.

What are key features of this property?

This property features: Licensed commissary kitchen; Converted from residential to commercial use in 2022; Located on Veterans Memorial Parkway in O'Fallon, Missouri