609 Main StO'Fallon, MO 63366

  • Other commercial real estate
  • 1,064 SF
For Sale

Property Details for 609 Main St

Year built
1961
Lot size
0.43 AC
Property size (Sq ft)
1,064 SF
Zone code
AB2
Property type
Other commercial real estate
APN
2-050D-S020-00-0002.0000000
APU
2050DS0200000020000000

Description

This exceptional 2,772 square foot freestanding restaurant building presents a unique investment opportunity in the thriving O'Fallon, Missouri market. Located at 609 S. Main Street, this property boasts excellent visibility and frontage on a major thoroughfare, with additional signage visibility from Interstate I-70. The 0.6-acre lot includes a convenient drive-thru, a key feature for quick-service restaurants. The building's previous use as a Burger King speaks to its suitability for similar concepts. Situated in St. Charles County, a rapidly growing area with a projected population increase to 450,000 by 2030 (from 405,262 in 2020), this location benefits from a strong retail environment. The surrounding area features a diverse mix of national chains, local businesses, and specialty shops, indicating a robust and expanding consumer base. This property offers significant potential for a savvy investor or restaurateur looking to establish a presence in a high-traffic, high-growth area. The property is zoned for retail use and is ready for immediate occupancy. The substantial lot size provides ample space for outdoor seating or future expansion. Don't miss this chance to own a prime restaurant location in a booming market.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $325,831
    Hospitality
    $298,459
    Educational
    $248,315
    Medical
    $256,855
    Retail
    $386,267
609 Main St, O'Fallon, Missouri
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Location Insight

City
O Fallon
County
St. Charles
State
Missouri
Latitude
38.8175
Longitude
-90.7003
CBSA code
41180
CBSA name
ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
-
-
$50,361
-
$47,762
$109,616
$157,378

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