530 W State Street, Ofallon, IL 62269
Local realty services provided by:CENTURY 21 Bailey & Co.
Listed by: courtney marsh, caleb marsh
Office: red door realty group inc
MLS#:26013043
Source:MO_MARIS
Price summary
- Price:$500,000
About this home
Discover the potential of this **1.94-acre commercial parcel zoned B-1 (Community Business District)** offering excellent flexibility for a wide range of retail, professional, service, and commercial development opportunities. With nearly two acres of land, this site provides ample room for building, parking, access points, and potential multi-tenant or mixed-use concepts, making it an attractive option for investors, developers, or owner-operators looking to establish or expand a business presence.
The B-1 zoning designation allows for numerous **permitted commercial uses**, including retail stores, grocery and specialty food markets, restaurants and cafés (without drive-through service), professional and medical offices, financial and real estate offices, business consulting services, personal service establishments such as salons or fitness studios, appliance and electronics sales and service, hardware or home furnishing stores, florists, gift shops, bookstores, photography studios, and many other retail or service-based businesses. The zoning also accommodates offices for architects, attorneys, engineers, physicians, accountants, and other professional practitioners, as well as banks, insurance offices, credit unions, and investment services.
Additional development opportunities may be possible with city approval, including uses such as restaurants serving alcohol, gasoline service stations, car wash facilities, cultural or recreational venues, entertainment facilities, meeting halls, schools or places of worship, multi-family or mixed-use residential components, and other specialized commercial uses, subject to review and approval by the Planning Commission and City Council where required.
The generous acreage provides flexibility for a **single commercial building, professional office complex, retail storefront, restaurant concept, service business, or a planned multi-building commercial development**, depending on site design and approvals. With adequate space for parking, landscaping, and customer access, the property offers strong potential for businesses seeking visibility and accessibility in a growing commercial area.
Whether you're envisioning a **professional office campus, boutique retail destination, specialty service center, restaurant concept, or a thoughtfully designed commercial development**, this property provides the space and zoning flexibility to bring a variety of ideas to life.
**Conceptual rendering created using AI to illustrate potential uses of the property. The structures depicted do not currently exist and are for visualization purposes only. Buyers should verify zoning, building requirements, and permitted uses with local authorities.**...
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Home facts
- Listing ID #:26013043
- Added:52 day(s) ago
- Updated:April 28, 2026 at 03:04 PM
Structure and exterior
- Lot area:1.94 Acres
- Lot Features:Corner Lot
Schools
- High school:OFallon
- Middle school:OFALLON DIST 90
- Elementary school:OFALLON DIST 90
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$500,000
- Tax amount:$1,415 (2024)
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