813 And 815 W Hwy 50, O'Fallon, IL 62269

$546,250

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List Price
$546,250
Price Change
▼ $28,750 1781902878
Days on Market
185
MLS#
26013280
Status
ACTIVE
Lot Size
61,855
Acres
1.42
Year Built
1945
Subdivision
.
County
St. Clair
Listing Type
Commercial

Property Description

Prime Highway 50 Development Opportunity – 1.42 Acres Excellent redevelopment opportunity in one of O'Fallon’s fastest-growing corridors. This offering includes two adjoining parcels totaling approximately 1.42 acres, with about 200 feet of frontage and 350 feet of depth along highly traveled West Highway 50, with an estimated daily traffic count of approximately 13,000 vehicles. Ideally located just 600 feet from the signalized intersection at N. Green Mount Road and approximately one mile from Interstate 64, the site offers excellent visibility and convenient access. The property currently features two leased residential homes, providing immediate rental income while plans for redevelopment are put in place. A strong opportunity for investors or developers looking for a high-exposure site in a thriving commercial area with built-in income.

Additional Information

Cooling
Central Air, Electric
Heating
Forced Air
Water
Public
Selling Terms
1031 Exchange, Cash, Conventional

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Calculator source: Real Geeks

Listing courtesy of Kunkel Wittenauer Group, Inc.

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