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    Turn-Key Restaurant Space Title is generated by Realmo AI

    111 N Madison Street, Webb City, MO 64870

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    Claim this Listing
    For Sale
    $455,000

    SINGLE_FAMILY - Webb City, MO

    Type:Retail
    Property size:
    3,400 SF
    Lot size:
    0.51 Acres
    Price / SF:
    $133/SF
    Added:
    Feb 3, 2026
    Days on Market:
    146
    Last Refresh:
    Jun 29 at 6:06 am

    Property Features for 111 N Madison Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Bathrooms
    3
    Rooms
    Bathroom 3, Bathroom 1, Bathroom 2
    Standard status
    Active
    APN
    15-4.0-18-30-021-008.001
    Size
    3,400 SF
    Lot size
    0.51 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    3406

    Utilities

    Utilities
    Water Available
    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    2006
    Roof type
    Metal, Composition

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    Contact an agent
    Forrest Real Estate

    Listing agent Forrest Real Estate License #2015033149

    Listing office Real Broker LLC 800 East 101st Terrace Suite 350, Kansas City, MO

    Listing date Feb 3, 2026

    MLS# 60314594

    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.

    HighLights

    • 3,400 SF commercial space currently configured as a restaurant
    • Built in 2006
    • Gleaming epoxy flooring with a built‑in counter and prep tables
    • Central air and electric heat
    • Roof includes metal and composition materials
    • Water available

    Overview

    This turn-key restaurant opportunity offers approximately 3,400 square feet currently configured for restaurant use. The space includes gleaming epoxy flooring, a built-in counter, and prep tables, supporting day-to-day food preparation and service operations. The overall setup is designed to keep day-to-day workflow practical and efficient for a restaurant operator.

    Located at 111 N Madison Street in Webb City, Missouri, the property benefits from an address on a main street. The current configuration as a restaurant provides a direct path for a business looking to open or relocate with an existing layout already in place.

    For tenants or buyers seeking an operational restaurant environment, this offering provides the core interior features needed to begin building a concept around the existing service and prep arrangement. Because the property is already set up for restaurant use, it may reduce the need to start from scratch when planning kitchen and service functions. Call for details or to schedule a tour of the space.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $47.7k $14.04
    − Vacancy −$1.9k −$0.56
    EGI $45.8k $13.48
    − OpEx −$11.5k −$3.37
    NOI $34.4k $10.11
    3,400 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $491.0K
    $429.6K – $572.8K (±1% cap)
    NOI $34,370 @ 7.0% cap · market cap 7.55%
    Second Best
    Retail
    $458.3K
    $401.0K – $534.7K (±1% cap)
    NOI $32,079 @ 7.0% cap · market cap 7.05%
    Theoretical Best
    Office A
    $1.03M
    $897.6K – $1.20M (±1% cap)
    NOI $71,808 @ 7.0% cap · market cap 15.78%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hot Stone Pizzeria Restaurant Blush Moon Studio Hair Salon

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • Clark's Catering — 315 Forest St, Webb City, MO 64870

    Location Insight

    • Map
    • Local Demand
    City
    Webb City
    County
    Jasper
    State
    Missouri
    Longitude
    -94.474151
    Latitude
    37.146631

    FAQs

    What type of property is this?
    Restaurant - Turn-key restaurant space with epoxy flooring and built-in service counter in Webb City.
    Where is this restaurant located?
    The property is located at 111 N Madison Street Webb City, MO.
    What is the asking price?
    The asking price for this property is $455,000.
    What are key features of this property?
    This property features: 3,400 SF commercial space currently configured as a restaurant; Built in 2006; Gleaming epoxy flooring with a built‑in counter and prep tables
    More about this property
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