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    33880 Ivy Bend Rd Stover, MO 65078

    For Sale
    $649,999

    Thriving waterfront business with multiple income streams.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional opportunity presents the chance to acquire The Wet Spot Bar & Grill, a well-established and profitable waterfront establishment situated on 1.52 acres at the 59 mm of the Osage River in Stover, Missouri. The property boasts a dock with slips accommodating over 20 boats, attracting a steady stream of boaters and visitors. The bar and grill itself is fully equipped with a functional kitchen and bar area, complemented by a spacious outdoor patio offering stunning waterfront views. This turnkey operation benefits from a loyal local clientele and a strong tourist base, ensuring consistent revenue generation. Beyond the core bar and grill business, multiple additional income streams are in place. These include rental income from boat slips and a tiny home, as well as rental income from a residential apartment located above the bar, currently occupied by an established tenant. The business enjoys a proven track record and a well-established customer base, presenting significant potential for future growth and expansion. This unique offering combines the appeal of a thriving business with the added benefit of diverse income streams, making it an exceptional investment opportunity. An on-site inspection is highly recommended to fully appreciate the potential of this remarkable property.

    Property Features for 33880 Ivy Bend Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    66,211 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Wet Spot Bar ... Bar & Grill

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Hotel & Motel Department Store Bar & Pub Discount Store Pawn Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Stover
    County
    Morgan
    State
    Missouri
    Longitude
    -92.99346
    Latitude
    38.19133

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    FAQs

    What type of property is this?
    Commercial real estate - Thriving waterfront business with multiple income streams.
    Where is this commercial real estate located?
    The property is located at 33880 Ivy Bend Rd Stover, MO.
    What is the asking price?
    The asking price for this property is $649,999.
    (573) 374-5400
    Request Owner's contact information
    33880 Ivy Bend Rd Stover, MO 65078
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    Stover, MO 65078
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    33880 Ivy Bend Rd Stover, MO 65078
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