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    1049 Kingshighway St Rolla, MO 65401

    For Sale
    $1,550,000

    Established Restaurant, Prime Location, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property, situated at 1049 Kingshighway Street in Rolla, Missouri, presents a unique opportunity for food service businesses. Established in 1966, this well-regarded restaurant boasts a substantial 5,297 square foot building on a 1.07-acre lot, offering ample space for operations and customer parking. The property features 130 feet of frontage along the busy Kingshighway corridor, a high-traffic area with numerous national food franchises, ensuring excellent visibility and accessibility. With 68 parking spaces, patrons will find convenient parking readily available. The interior comfortably seats up to 165 diners. The sale includes all existing kitchen equipment and furniture, ready for immediate operation. The HVAC system comprises five 5-ton rooftop units. Two pizza ovens are also included in the sale. The property's strategic location just off Interstate 44 further enhances its appeal, providing easy access for customers. Prominent signage ensures high visibility to passing traffic. This turnkey operation is ideal for restaurateurs seeking a well-established location with significant potential. Alternatively, the property is available for lease on a triple-net basis at a monthly rate of $5,600. This presents a compelling investment opportunity in a thriving commercial area.

    Property Features for 1049 Kingshighway St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    46,609 SF

    Building Details

    Year Built
    1983
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Penelope's Restaurant American Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Rolla
    County
    Phelps
    State
    Missouri
    Longitude
    -91.785
    Latitude
    37.94417

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    FAQs

    What type of property is this?
    Commercial real estate - Established Restaurant, Prime Location, High Visibility
    Where is this commercial real estate located?
    The property is located at 1049 Kingshighway St Rolla, MO.
    What is the asking price?
    The asking price for this property is $1,550,000.
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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
    1049 Kingshighway St Rolla, MO 65401
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