105 Monroe St Versailles, MO 65084-1216
This exceptional commercial property, located at 105 Monroe Street in the heart of Versailles, MO, presents a unique investment opportunity. The 4,477 square foot building sits on a 0.07-acre lot and is currently configured as a restaurant and bar, offering immediate income potential. Significant upgrades have already been completed, including a fully renovated kitchen with new subflooring, a brand-new bar installation, and 80% upgraded electrical systems. The first floor boasts a fully equipped restaurant/bar space, enhanced by new mini-split systems for optimal customer comfort and completely new plumbing. The upper floor is approximately 50% finished, featuring a newly added bathroom. This space is ideally suited for conversion into a bed and breakfast, office space, or other complementary business, offering significant expansion possibilities. All restaurant equipment is included in the sale price of $239,000. The property's prime location on the square in Versailles ensures high visibility and accessibility, making it an attractive proposition for a wide range of commercial ventures. The seller's relocation necessitates a quick sale, presenting a compelling opportunity for a discerning buyer to acquire a well-maintained, versatile commercial property with substantial upside potential. This is a turnkey operation ready for immediate occupancy and revenue generation.
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Sole Solutions, LLC Pharmacy Clothing & Fashion Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.