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Two-Building Restaurant Property
For Sale
$449,000

111-115 W Main Street, Ash Grove, MO 65604

Commercial Sale, Ash Grove, MO

Property SizeContact for details
Lot Size0.10 Acres
Days on Market226

Property Features for 111-115 W Main Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning INC
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 2, Bathroom 1
Parking features On Street
View City
Directions Hwy 160 west through Willard to Ash Grove. In Ash Grove turn left on Hwy F to right on Main - property on left.
Standard status Active
APN 0621308007
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Walkers Railroad Add Ralph Lot 4 Blk J and Walkers Railroad Add Ralph Lot 5 Blk J
Tax Annual Amount 1764
Legal Description Walkers Railroad Add Ralph Lot 4 Blk J and Walkers Railroad Add Ralph Lot 5 Blk J

Utilities

Utilities Water Available
Heating system Forced Air, Natural Gas
Cooling system Central Air, Electric

Building Details

Year built 1898
Number of units 1
Roof type Flat
Listing Agency: Keller Williams Local · Keller Williams Realty
Listed By: Adam Graddy · License #2004014961
Added: Feb 13 Changed: Sep 27 Last Checked: Sep 27 at 10:06PM
MLS# 60315307

Copyright © 2026 Southern Missouri Regional MLS, LLC (SOMO). 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.

The property includes two adjoining buildings at 111-115 W Main Street in Ash Grove. The restaurant-oriented building contains an open dining area, bar, kitchen, display windows, and outdoor patio seating. Its second level provides loft space that can accommodate events, office functions, storage, or additional buildout. The adjacent building offers a separate redevelopment component with upper-level space and potential for retail, restaurant, or mixed-use conversion.

The combined parcel contains 0.1 acres and benefits from Main Street frontage in downtown Ash Grove. Parking is available on street. Building systems include forced-air heating with natural gas and central air conditioning with electric service. Water is available, and both structures have flat roofs. The sale does not include the Mama Loca's name, which is reserved by the seller.

Key Highlights

  • Two adjacent buildings at 111‑115 W Main Street in Ash Grove, MO 65604
  • Restaurant building includes dining area, bar, kitchen, display windows, and patio seating
  • Second‑level loft space supports event, office, storage, or expansion uses

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Bakery Grocery & Convenience Store Storage Facility

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

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby
1k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 100%
Ash Grove True Value Home Improvements & Furnishings
1,222 visits/mo 0.2 miles

Demographics for 65604, MO

3,809
Population
1,700
Households
2.2
Avg Household Size
43
Median Age
30%
College-Educated
92%
High-School Grad
87.3 sq mi
ZIP Area
44
Density / Sq Mi
$65,634
Median Household Income
$51,063
Median Earnings
$757
Median Rent
$192,700
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?
Conventional restaurant - Adjacent Main Street structures combine an operating restaurant layout with flexible space for retail, dining, or mixed-use redevelopment.
Where is this conventional restaurant located?
The property is located at 111-115 W Main Street Ash Grove, MO.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Two adjacent buildings at 111‑115 W Main Street in Ash Grove, MO 65604; Restaurant building includes dining area, bar, kitchen, display windows, and patio seating; Second‑level loft space supports event, office, storage, or expansion uses
More about this property
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