Brick Restaurant Redevelopment
For Sale
$379,999
8889 Hall St, Saint Louis, MO 63147
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 Market102
Property Features for 8889 Hall St
General Information
Standard status
Active
Size
3,494 SF
Lot size
2.48 Acres
Zoning
G
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$8,582
Building Details
Year Built
1982
Listing Agency:
Wood Brothers Realty
Listed By:
Patrick Wood · License #2004025204
(314) 353-8888
Source:
Exprealty
Added: Jul 13
Changed: Oct 8
Last Checked: Oct 21 at 12:06AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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)
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,015
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,300
$300.3K
Cap Rate 7%
$214,500
$214.5K
Cap Rate 9%
$166,833
$166.8K
Market Conditions
NOI Build-Up for 3,494 SF
Gross rent
$21.0K $6.00/SF
− Vacancy
−$943 −$0.27/SF
EGI
$20.0K $5.73/SF
− OpEx
−$5.0K −$1.43/SF
NOI
$15.0K $4.30/SF
Area
St. Louis County, MO
Vacancy
4.50%
Lease Rate
$6.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,300
Cap Rate 7%
$214,500
Cap Rate 9%
$166,833
Alternative Uses
Best Use
Retail
$671.5K
$587.5K – $783.4K
NOI $47,002 @ 7.0% cap · market cap 12.37%
Second Best
Specialty Retail
$214.5K
$187.7K – $250.3K
NOI $15,015 @ 7.0% cap · market cap 3.95%
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 authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Napa Auto Parts
Shops & Services
1,195 visits/mo
0.1 miles
The UPS Store
Shops & Services
442 visits/mo
0.4 miles
Demographics for 63147, MO
8,499
Population
4,542
Households
1.9
Avg Household Size
44
Median Age
12%
College-Educated
86%
High-School Grad
5.9 sq mi
ZIP Area
1,441
Density / Sq Mi
$39,119
Median Household Income
$27,956
Median Earnings
$926
Median Rent
$70,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
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)
