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Turnkey Bar and Grill Opportunity
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124 SOUTH BROADWAY, Salisbury, MO 65281

Established bar and grill in downtown Salisbury, Missouri.

Property Size6,000 SF
Price / SF$44.15
Days on Market176

Property Features for 124 SOUTH BROADWAY

General Information

Standard status Active
Size 6,000 SF
Property subtype Special Purpose, Retail
Listing Agency: CENTURY 21 Community
Listed By: Preston McAlister · License #MO 2026005848
Source: Crexi
Added: Feb 26 Changed: Aug 7 Last Checked: Aug 20 at 12:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Community

Investment Insights

Based on property information with market context.

Located on a prominent corner lot in Downtown Salisbury, Missouri, this turnkey bar and grill offers an established commercial space with over 6,000 square feet. Formerly La Novena Restaurant, the building is designed to operate as a restaurant, bar, or entertainment venue. It features a custom-built bar, an impressive back bar, and custom-made tables, with seating for approximately 75 to 100 or more guests. A covered exterior deck includes a separate serving bar, and an additional 35' x 28' dining room is suitable for private parties, special events, or business meetings. The commercial kitchen is equipped with industrial-grade appliances. Much of the restaurant furnishings may convey with the sale, including seating, tables, the pool table, and essential equipment. The property also features an attached apartment in the rear of the building, complete with two bedrooms, a full bathroom, kitchenette, washer and dryer hookups, and generous storage space. The apartment can be used for owner occupancy, on-site management, or additional rental income.

Key Highlights

  • Turnkey bar and grill opportunity in a prime downtown location
  • Fully equipped commercial kitchen with industrial‑grade appliances
  • Spacious interior with seating for 75‑100+ guests, plus a private dining room

Property Analytics

Current Use

Bars & Pubs

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Dental Office Law Firm Hair Salon

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

248
Businesses Nearby
Balanced
Demand for This Use

Demographics for 65281, MO

2,979
Population
1,408
Households
2.1
Avg Household Size
45
Median Age
23%
College-Educated
92%
High-School Grad
195.6 sq mi
ZIP Area
15
Density / Sq Mi
$65,000
Median Household Income
$32,104
Median Earnings
$632
Median Rent
$141,300
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
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Frequently Asked Questions

What type of property is this?
Bar & Pub - Established bar and grill in downtown Salisbury, Missouri.
Where is this bar & pub located?
The property is located at 124 SOUTH BROADWAY Salisbury, MO.
What is the asking price?
The asking price for this property is $264,900.
What are key features of this property?
This property features: Turnkey bar and grill opportunity in a prime downtown location; Fully equipped commercial kitchen with industrial‑grade appliances; Spacious interior with seating for 75‑100+ guests, plus a private dining room
More about this property
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