140 North Point Prairie Rd 18,000 SF Specialty Building Offered at $2,986,746 CAD in Wentzville, MO 63385

Outstanding owner-user or adaptive reuse opportunity in Wentzville, one of Missouri's fastest-growing markets. The pre-engineered steel building totals approximately 18,050 SF (13,050 SF finished above grade plus ±5,000 SF of unfinished mezzanine value-add) on 4.78 acres of level ground with approximately 380 feet of frontage on N Point Prairie Road, just 0.72 miles from the I-70 / Wentzville Parkway interchange (33,492 AADT).
The main level is fully built-out and move-in ready: private offices, a media room, classrooms and meeting rooms, a commercial-style kitchen, restrooms, ample storage, and a 12'–18' high greatroom that converts readily to event, conference, fitness, retail, or worship use. The wood-framed mezzanine adds ±5,000 SF of unfinished space at 6'–8' clearance — usable immediately for storage and back-of-house, or buyer can finish out for additional support space. The site offers 95 striped parking spaces (including 2 ADA-accessible) at 7.3 per 1,000 SF on finished space, with substantial undeveloped area behind the building available for parking expansion if a higher-density use requires it. Public water main and public sanitary/storm sewer are adjacent to the property and available for hook-up; natural gas, electric, telephone, and internet/fiber are on or adjacent — utility-ready for development.
An on-site cell tower lease produces approximately $1,399 per month ($16,790 annually) in passive income, with annual escalators stepping the rent to $19,309 by lease expiration on February 28, 2029. The cell tower tenant has separately tendered a $350,000 lump-sum offer to purchase the existing land lease — providing the buyer with a clear monetization option at an implied ~5% cap rate. Closing on the property and subsequently accepting the buyout would effectively reduce net acquisition basis to $1,750,000.
The property was recently annexed into the City of Wentzville. Zoning will be designated C-1 (Neighborhood Commercial) or C-2 (General Commercial) based on the buyer's intended use — a meaningful entitlement flexibility for adaptive reuse. Held by the same long-term owner since 1984. Located in St. Charles County with 28,696 population within a 10-minute drive (median HH income $65,830).
Ideal for churches and religious organizations, professional office users, private schools or daycare operators, medical or dental groups, event/banquet operators, and owner-users qualifying for SBA 7(a) financing.
Asking $2,100,000. Listing agent: Steven Denny, Luetkenhaus Properties — (636) 699-8044.