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Three Legged Mule Restaurant
For Sale
$289,900

12015 State Route 101, Caulfield, MO 65626

Commercial Sale, Caulfield, MO

Property SizeContact for details
Lot Size0.67 Acres
Days on Market542

Property Features for 12015 State Route 101

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Lot features Level
Directions From West Plains take 160 West 16 miles to corner of 101 highway and 160 highway, property located on the right.
Standard status Active
APN 21-3.2-06-000-000-014.00000
Lot size 0.67 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 411

Utilities

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

Amenities

lobby area
public restrooms

Building Details

Year built 1957
Roof type Composition
Listing Agency: Iron Brand Realty LLC
Listed By: Justin Kraft · License #2017028316
Added: Apr 4, 2025 Changed: Sep 12 Last Checked: Sep 27 at 12:06PM
MLS# 60291065

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 Three Legged Mule is a restaurant property with an established business, lobby, public restrooms, bar area, and large kitchen. The building dates to 1957 and includes electric heating, central air, a composition roof, and electricity available as a listed utility.

The property occupies 0.67 acres at the intersection of US Highway 160 and Highway 101 in Caulfield, Missouri. Cloud 9 Ranch, Norfork Lake, and Patrick Bridge access on the North Fork River are identified nearby. The offering includes the restaurant business and its existing building configuration.

Key Highlights

  • Restaurant business and building offered together
  • 0.67‑acre property at US Highway 160 and Highway 101
  • Lobby, public restrooms, bar area, and large kitchen

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Cafe & Coffee Shop Fish Market Food Market Farmer's Market Restaurant

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

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

26
Businesses Nearby
6k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 64% Dining 36%
Dollar General Shops & Services
3,807 visits/mo 0.1 miles
SUBWAY Dining
2,123 visits/mo 0.2 miles

Demographics for 65626, MO

1,637
Population
1,018
Households
1.6
Avg Household Size
44
Median Age
10%
College-Educated
86%
High-School Grad
103.9 sq mi
ZIP Area
16
Density / Sq Mi
$38,015
Median Household Income
$21,974
Median Earnings
$667
Median Rent
$190,800
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant with a lobby, bar area, commercial kitchen, and public restrooms at a highway intersection.
Where is this conventional restaurant located?
The property is located at 12015 State Route 101 Caulfield, MO.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Restaurant business and building offered together; 0.67‑acre property at US Highway 160 and Highway 101; Lobby, public restrooms, bar area, and large kitchen
More about this property
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