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Turnkey Restaurant with Living Space
New
For Sale
$145,000

124 W Grand Street, Gallatin, MO 64640

Includes a fully operational restaurant/retail space with a second-floor residence featuring three bedrooms and one bathroom.

Property Size3,932 SF
Price / SF$36.88
Days on Market4

Property Features for 124 W Grand Street

General Information

Standard status Active
Size 3,932 SF
Property subtype Business Opportunity

Additional Details

Business Included Yes

Building Details

Year Built 1900
Stories 2
Listing Agency: Show-me Real Estate
Listed By: Austin Stevens
Source: Coloniallistings
Added: Jul 27 Changed: Jul 28 Last Checked: Jul 29 at 1:09PM

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 Show-me Real Estate

Investment Insights

Based on property information with market context.

This property is offered as a turnkey purchase and includes equipment and inventory. The main level is approximately 1,956 square feet and currently operates as a combined restaurant/retail space. The second floor is approximately 1,976 square feet and provides spacious living quarters with three bedrooms and one bathroom.

Located at 124 W Grand Street in Gallatin, Missouri, the building is designed to accommodate both customer-facing operations and on-site living in the same structure, offering flexibility for an owner-operator or additional rental arrangements.

Key Highlights

  • 1900‑built commercial property with a fully operational restaurant/retail space
  • 1,956 SF main level currently operating as restaurant/retail
  • 1,976 SF second floor with 3 bedrooms and 1 bathroom

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service Pharmacy Storage Facility (Bike/Boat/Book/etc) Store HVAC Service Building Supply

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

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby
Well-served
Demand for This Use

Demographics for 64640, MO

3,168
Population
1,802
Households
1.8
Avg Household Size
43
Median Age
22%
College-Educated
86%
High-School Grad
143.9 sq mi
ZIP Area
22
Density / Sq Mi
$56,250
Median Household Income
$36,020
Median Earnings
$796
Median Rent
$177,400
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes a fully operational restaurant/retail space with a second-floor residence featuring three bedrooms and one bathroom.
Where is this conventional restaurant located?
The property is located at 124 W Grand Street Gallatin, MO.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: 1900‑built commercial property with a fully operational restaurant/retail space; 1,956 SF main level currently operating as restaurant/retail; 1,976 SF second floor with 3 bedrooms and 1 bathroom
More about this property
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