Listing Agency: United Country Real Estate - Gilworth Real Estate

Listed By: Haley Yadon · License #MO 2017030195

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:26PM

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Investment Insights

Based on property information with market context.

This operating bar and grill at 125 Frankford Avenue includes the existing furnishings, service equipment, appliances, coolers, televisions, karaoke equipment, and signage. Included items include tables, chairs, barstools, an auto-fry cooker, four freezers, a microwave, and a stove. The business is currently open seven days a week and has operated under the same ownership for more than 20 years.

The sale also includes two additional lots located north of the building. Those parcels may support a future building addition or outdoor seating, subject to applicable approvals. The property is offered in as-is condition and is located in Novinger, approximately just under 8 miles from Kirksville.

Key Highlights

• Operating bar and grill open seven days a week
• More than 20 years under the same ownership
• Two additional lots included north of the building

Property Analytics

Property Profile

Current Use

Bars & Pubs

Suggested Use

Top Pick HVAC Service Auto Repair Shop Hair Salon Nail Salon Grocery & Convenience Store Spa & Massage Center

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

36

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 63559, MO

1,227

Population

759

Households

1.6

Avg Household Size

43

Median Age

24%

College-Educated

89%

High-School Grad

111.4 sq mi

ZIP Area

11

Density / Sq Mi

$57,198

Median Household Income

$39,258

Median Earnings

$528

Median Rent

$133,200

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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Similar Off Market Nearby

• Chevy's Bar & Grill — 125 S Frankford Ave, Novinger, MO 63559

Frequently Asked Questions

What type of property is this?

Bar & Pub - Operating bar and grill with furnishings, kitchen equipment, and signage included.

Where is this bar & pub located?

The property is located at 125 Frankford Avenue Novinger, MO.

What are key features of this property?

This property features: Operating bar and grill open seven days a week; More than 20 years under the same ownership; Two additional lots included north of the building