Remarks

REMARKABLY RARE DEVELOPMENT OPPORTUNITY! Located in Downtown O'Fallon, MO between the crossroads of Sonderen St, E Elm St, & Gamble St sits four adjoining separate parcels being sold together totaling just under an acre in size, and a combined 377' of road frontage. This unique location is identified within the zoning boundaries of O'Fallon's NEW DOWNTOWN OVERLAY DISTRICT. This district is designed to encourage the redevelopment and revitalization of this area with a mix of uses including but not limited to single-family residential, multi-family, condo, villa, office, retail, and restaurant with regulations intended to allow greater design flexibility in development than is permitted by the other district regulations such as no minimum lot area requirements, increased percentage in lot coverage, and building/structure up to 3 stories in height.

Details

MLS#: 24064620
Price: $169,900

Style: Commercial & Indr.

County: St Charles
Subdivision: Downtown O'Fallon
Tax Fee: 1200