2205 2205.0 Garrison Ave Carthage, MO 64836
This 1,968 square foot former restaurant building, situated on a five-way roundabout at the corner of Elk and Garrison Avenues in Carthage, Missouri, presents a unique commercial opportunity. Boasting a high daily traffic count of approximately 10,000 vehicles, this property offers excellent visibility and accessibility. The building features an open-span dining area, a kitchen equipped with an exhaust hood, and a convenient drive-thru window. The exterior has recently been freshly painted, and the roof was replaced in 2018, ensuring low maintenance costs for the new owner. The versatile floor plan allows for a wide range of commercial uses, making it an ideal investment for entrepreneurs seeking a high-traffic location. The property sits on a 0-acre lot, offering ample space for customer parking and potential expansion. Priced at $329,000, this property represents a significant opportunity to establish a thriving business in a bustling area of Carthage. The building's strategic location on a five-way roundabout ensures maximum exposure to potential customers. This is a turn-key opportunity for a variety of commercial ventures.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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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.