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Turnkey Downtown Restaurant Property
For Sale
$495,000

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

Commercial Sale, Ash Grove, MO

Property SizeContact for details
Lot Size0.10 Acres
Days on Market188

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 1, Bathroom 3, Bathroom 2
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 · Keller Williams Realty
Listed By: Adam Graddy · License #2004014961
Added: Feb 13 Changed: Aug 19 Last Checked: Aug 20 at 1:06PM
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.

Turnkey downtown restaurant property consisting of two Main Street buildings: 111 W Main St and 115 W Main St. 111 W Main St is a historic 1890 building currently set up for restaurant operations, with an open dining area, bar area, and functional kitchen space. The main level also includes large display windows for visibility and natural light, plus outdoor patio seating for additional dining capacity. The upper level features a versatile loft area that can support events, office space, storage, or future expansion. 115 W Main St sits directly adjacent and offers redevelopment potential with strong Main Street frontage and visibility, with upper-level space that could support loft development.

The property is located in Ash Grove, MO, on Main Street, with on-street parking. Heating is provided by forced air with natural gas, and cooling includes central air with electric support. Available utilities include water, and the roof is flat.

The listing includes an equipment list and reserved items, and the seller reserves the right to the Mama Loca’s name, which will not convey with the sale.

Key Highlights

  • Two downtown Main Street buildings: 111 W Main St and 115 W Main St
  • 111 W Main St turnkey restaurant setup with open dining, bar area, and functional kitchen
  • Outdoor patio seating plus large display windows for visibility and natural light

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Big Box & Wholesale Store Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Historic downtown restaurant property with a turnkey main-level layout, loft space, and outdoor patio seating.
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 $495,000.
What are key features of this property?
This property features: Two downtown Main Street buildings: 111 W Main St and 115 W Main St; 111 W Main St turnkey restaurant setup with open dining, bar area, and functional kitchen; Outdoor patio seating plus large display windows for visibility and natural light
More about this property
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