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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

    COMMERCIAL - Webb City, MO

    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 4:06 am

    Property Features for 111 N Madison Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Bathrooms
    3
    Rooms
    Bathroom 3, Bathroom 2, Bathroom 1
    Standard status
    Active
    Size
    3,400 SF
    Lot size
    0.51 Acres

    Taxes and HOA fees

    Tax Annual Amount
    3406

    Utilities

    Heating system
    Electric (Heating), Central
    Cooling system
    Central Air

    Building Details

    Year built
    2006
    Number of units
    1
    Flooring type
    Concrete
    Roof type
    Composition, Metal

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    FORREST. Real Estate Forrest Stodghill

    Listing agent FORREST. Real Estate Forrest Stodghill License #2015033149

    Listing office Real Broker, LLC 800 E 101st Terrace Ste. 350, Kansas City, MO

    Listing date Feb 3, 2026

    MLS# 260527

    Copyright © 2026 Ozark Gateway Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3400 sq ft commercial space currently configured as a restaurant
    • Epoxy flooring plus a built‑in counter and prep tables
    • Central air cooling
    • Central electric heating
    • Year built: 2006
    • Roof: composition and metal

    Overview

    This for-sale commercial space is currently configured as a restaurant and offered in a turnkey condition. Interior features include gleaming epoxy flooring, a built-in counter, and prep tables designed to support day-to-day food preparation and service. The current layout provides a practical foundation for a similar concept without requiring an immediate ground-up buildout.

    Located in Webb City, the property benefits from visibility and is described as being positioned with strong traffic for the area. The site is set on approximately 0.51 acres, offering a defined commercial parcel for the operation and accommodating the needs of a neighborhood retail use.

    For tenants, buyers, or operators, the value here is the restaurant infrastructure already in place. If you’re looking to open or relocate a food-focused business, the existing build-out and restaurant-oriented improvements can help streamline the initial setup. For specifics on the current configuration and what may remain in place for a new operator, schedules and tours are available by request.

    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
    -94.474159
    Latitude
    37.146641

    FAQs

    What type of property is this?
    Restaurant - Restaurant-ready interior with epoxy flooring and built-in counter, suited for an operator seeking turnkey functionality.
    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: 3400 sq ft commercial space currently configured as a restaurant; Epoxy flooring plus a built‑in counter and prep tables; Central air cooling
    More about this property
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