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Restaurant Opportunity in Fayette, MO
For Sale
$225,000

515 North Cleveland Street, Fayette, MO 65248

Restaurant property for sale in Fayette, Missouri.

Property SizeContact for details
Days on Market157

Property Features for 515 North Cleveland Street

General Information

Standard status Active
Property subtype Restaurant
Listing Agency: Pace Properties
Listed By: Kate Grewe Milford · License #2016041183
Source: Paceproperties
Added: Apr 3 Changed: Aug 14 Last Checked: Sep 5 at 3:36AM

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 Pace Properties

Investment Insights

Based on property information with market context.

The property is located in an area with a population of 8,443 within a 1-mile radius, 22,515 within a 3-mile radius, and 39,116 within a 5-mile radius. The median income in the surrounding areas is $68,143 (1-mile radius), $70,614 (3-mile radius), and $75,621 (5-mile radius). The daytime population is 4,671 (1-mile radius), 13,780 (3-mile radius), and 21,584 (5-mile radius). The property is suitable for restaurant or other commercial real estate use.

Key Highlights

  • High median income ranging from $68,143 to $75,621
  • Significant daytime population up to 21,584
  • Substantial population base reaching up to 39,116

Property Analytics

Current Use

Restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Electrical Service Storage Facility

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

275
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 72% Dining 28%
Sinclair Shops & Services
2,268 visits/mo 0.4 miles
SUBWAY Dining
876 visits/mo 0.5 miles

Demographics for 65248, MO

4,781
Population
1,815
Households
2.6
Avg Household Size
33
Median Age
31%
College-Educated
90%
High-School Grad
172.6 sq mi
ZIP Area
28
Density / Sq Mi
$53,797
Median Household Income
$30,000
Median Earnings
$838
Median Rent
$141,600
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?
Restaurant - Restaurant property for sale in Fayette, Missouri.
Where is this restaurant located?
The property is located at 515 North Cleveland Street Fayette, MO.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: High median income ranging from $68,143 to $75,621; Significant daytime population up to 21,584; Substantial population base reaching up to 39,116
More about this property
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