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Mixed-Use Restaurant Property
For Sale
$145,000

124 W Grand Street, Gallatin, MO 64640

Business Opportunity, Gallatin, MO

Property SizeContact for details
Lot Size0.07 Acres
Days on Market97

Property Features for 124 W Grand Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Com
Parking features On Street
Directions From North Main Street turn west onto East Grand Street. The building is on the corner of East Grand Street and South Market Street.
Subdivision 109 - East of I-35 & North of Hwy 92
Standard status Active
APN 15-4.2-20-2-16-05
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 998

Utilities

Utilities Water Available

Building Details

Year built 1900
Building materials Brick
Listing Agency: Show-me Real Estate
Listed By: Austin Stevens
Added: Jun 10 Changed: Aug 19 Last Checked: Sep 14 at 4:06PM
MLS# 2625314

Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This brick mixed-use property contains a 1,956-square-foot main level configured for restaurant and retail use. The space includes equipment and inventory associated with the existing operation. Above it, the 1,976-square-foot second floor provides three bedrooms and one bathroom, creating a distinct residential component within the building.

Built in 1900, the property is zoned Com and has on-street parking. Water is available, and the building is located on W Grand Street in Gallatin, Missouri. The combination of commercial space and finished living quarters supports continued restaurant-retail use alongside an owner-occupied or separately used residential area, subject to applicable requirements.

Key Highlights

  • 1,956‑square‑foot main level with restaurant and retail use
  • 1,976‑square‑foot second floor with 3 bedrooms and 1 bathroom
  • Equipment and inventory included

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Pharmacy Storage Facility (Bike/Boat/Book/etc) Store HVAC Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

224
Businesses Nearby

Demographics for 64640, MO

3,168
Population
1,802
Households
1.8
Avg Household Size
43
Median Age
22%
College-Educated
86%
High-School Grad
143.9 sq mi
ZIP Area
22
Density / Sq Mi
$56,250
Median Household Income
$36,020
Median Earnings
$796
Median Rent
$177,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial building combines a restaurant-retail level with second-floor residential quarters.
Where is this mixed-use property located?
The property is located at 124 W Grand Street Gallatin, MO.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 1,956‑square‑foot main level with restaurant and retail use; 1,976‑square‑foot second floor with 3 bedrooms and 1 bathroom; Equipment and inventory included
More about this property
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