Commercial for Sale: 1400 E Terra Lane, O'Fallon, MO 63366 SOLD

12,350 sqft
$2,630,000
$2,630,000
1400 E Terra Lane, O'Fallon, MO 63366 SOLD
12,350 sqft
$2,630,000
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Selling Price: $2,630,000
Original List Price: $2,975,000
Sold at 88.4% of list price
Sold Date: 02/28/2023

Type Commercial
Total Living Area 12,350 sqft
Lot Size 2.18 acres
Year Built 1988
Taxes Paid $31,119

City O'Fallon
Area Fort Zumwalt North
County St Charles
Subdivision Northwood Estate 02

MLS 22009710
Status Closed
DOM 375 days
New Price!!! The opportunity to purchase this kind of property does not come along very often. Located at the intersection of I-70 - TR Hughes - East Terra Lane, you have hard corner exposure with drive by and visibility on all 4 sides. Building is in great condition and well maintained with 9 automotive bays, new insulation in the ceiling, 8 new 14' x 14' garage doors/operators with glass panel inserts, new fire protection system, 2 new big air fans in the service bays, new LED lighting in shop, heavy electric in the shop, new gas fired air heaters in the shop. Priced at only $230sf this property should sell quickly. Try to buy the land and build for that price. Fixtures available to purchase. Need equipment for your garage. Lets talk. We could set this up as a turn key business. Car Lot and front offices are leased out to a solid tenant. Please ask for additional details. Seller might also consider a lease with the right terms for the shop and reception area.

Room Features

Misc Description 2+ Lavatories, Burglar Alarm, Exterior Lighting, Overhead Doors, Partial Fencing, Pole Sign, Smoke Alarm/Detec, Sprinkler System, Wheelchair Access

Lot & Building Features

Construction Conventional
Cooling Electric
Heating Forced Air
Parking Description Asphalt, Parking Lot, Lighted Parking
Sewer Public Sewer
Tax Year 2021
Water Public, Water Main - 10 Inch

Price History of 1400 Terra Lane, O'Fallon, MO

Date Name Price Difference
08/22/2022 Price Adjustment $2,630,000 11.60%
02/23/2022 Listing Price $2,975,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 1400 Terra Lane, O'Fallon, MO

Location Map Street View
Photo of Art Vibulakaopun, ABR, AHWD, CSN, GRI, NCC, SRS
Direct: 314-660-2483
Office
12851 Manchester Rd, Suite 100
Saint Louis, MO 63131
314-775-2050
Listed by RE/MAX Platinum, Lisa Adkins
Sold by Trophy Properties & Auction, Eric Merchant
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20%
1.1832319391635%
6.75%
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Monthly Taxes
Monthly HOA
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Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: RE/MAX Platinum

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