Brick Restaurant Redevelopment
8889 Hall St Saint Louis, MO 63147
8889 Hall St, Saint Louis, MO, 63147
$379,999
For Sale
$379,999
Brick building on a large lot with Local Commercial and Office zoning, offering redevelopment and expansion possibilities.
Property Size3,494 SF
Lot Size2.48 Acres
Price / SF$108.76
Days on Market9
Property Features for 8889 Hall St
General Information
- Standard status
- Active
- Size
- 3,494 SF
- Lot size
- 2.48 Acres
Listing agency
Wood Brothers Realty
(314) 353-8888
Listed by
Patrick Wood · License #2004025204
(314) 353-8888
Source
Exprealty
Added: Jul 13 Updated: Jul 21 at 3:37AM Checked: Jul 21 at 3:37AM
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 Wood Brothers Realty
Investment Insights
Based on property information with market context.
This redevelopment opportunity features a 3,494-square-foot brick building constructed in 1982, originally built as a McDonald’s restaurant, situated on a 2.48± acre commercial site. The property is zoned “G” Local Commercial and Office, which supports a range of potential uses buyer to verify, including retail, office, restaurant, and service-oriented businesses. The site includes ample parking and offers room for expansion, redevelopment, or outdoor storage.
The property is located at 8889 Hall Street in St. Louis and is described as minutes from Interstates 270, 70, 55, and 44, providing access to the St. Louis metropolitan area’s industrial, distribution, logistics, and riverfront business corridors.
With 108,159± square feet of land and visibility highlighted in the offering materials, this property may be well suited for an owner-occupant or redeveloper seeking a substantial commercial site in the area.
The property is located at 8889 Hall Street in St. Louis and is described as minutes from Interstates 270, 70, 55, and 44, providing access to the St. Louis metropolitan area’s industrial, distribution, logistics, and riverfront business corridors.
With 108,159± square feet of land and visibility highlighted in the offering materials, this property may be well suited for an owner-occupant or redeveloper seeking a substantial commercial site in the area.
Key Highlights
- 2.48± acre commercial site at 8889 Hall Street in St. Louis with a large lot for redevelopment, expansion, or outdoor storage
- 3,494± SF brick building originally constructed in 1982 and originally built as a McDonald's restaurant
- Zoned "G" Local Commercial and Office, supporting a range of commercial uses (buyer to verify permitted use)
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.0k | $6.00 |
| − Vacancy | −$943 | −$0.27 |
| EGI | $20.0k | $5.73 |
| − OpEx | −$5.0k | −$1.43 |
| NOI | $15.0k | $4.30 |
3,494 SF · lease $6.00/SF/yr · vacancy 4.50% · expense 25.00%
Alternative Uses
Best Use
Retail
$671.5K
$587.5K – $783.4K
NOI $47,002 @ 7.0% cap · market cap 12.37%
Second Best
Office B
$609.1K
$533.0K – $710.7K
NOI $42,639 @ 7.0% cap · market cap 11.22%
Theoretical Best
Office A
$749.9K
$656.1K – $874.9K
NOI $52,491 @ 7.0% cap · market cap 13.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Brick building on a large lot with Local Commercial and Office zoning, offering redevelopment and expansion possibilities.
Where is this retail space located?
The property is located at 8889 Hall St Saint Louis, MO.
What is the asking price?
The asking price for this property is $379,999.
What are key features of this property?
This property features: 2.48± acre commercial site at 8889 Hall Street in St. Louis with a large lot for redevelopment, expansion, or outdoor storage; 3,494± SF brick building originally constructed in 1982 and originally built as a McDonald's restaurant; Zoned "G" Local Commercial and Office, supporting a range of commercial uses (buyer to verify permitted use)
