Bar & Pub with
For Sale
$629,000
1450 E Mt Gilead Road, Bolivar, MO 65613
Commercial Sale, Bolivar, MO
Property Size2,400 SF
Lot Size1.66 Acres
Price / SF$262.08
Days on Market727
Property Features for 1450 E Mt Gilead Road
General Information
Property type
Commercial Sale
Property subtype
Other
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Fencing
Privacy
Directions
From Springfield ave turn east on Mt Gilead, business on south side of road.
Standard status
Active
APN
89-11-0.6-13-000-000-033.02
Lot size
1.66 Acres
Taxes and HOA fees
Tax Year
2021
Tax Description
BOLIVAR - SOUTHTOWN 6TH - LOTS 8 & 9
Tax Annual Amount
1700
Legal Description
BOLIVAR - SOUTHTOWN 6TH - LOTS 8 & 9
Utilities
Utilities
Electricity Available
Heating system
Electric (Heating)
Cooling system
Ceiling Fan(s), Electric, Central Air
Amenities
full bar area
kitchen with storage
walk in cooler
Building Details
Year built
2013
Roof type
Metal
Listing Agency:
Richland Real Estate Group, LLC
(417) 892-3080
Listed By:
Shanay Alexa Harvey
(417) 298-1576
Added: Oct 8, 2024
Changed: Sep 8
Last Checked: Oct 4 at 3:06PM
MLS# 60279551
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.
This 2013 metal commercial building is configured for bar and pub use, with an open-concept interior, full bar area, kitchen, storage, walk-in cooler, and two bathrooms. Electric heating, central air, and ceiling fans support the interior environment, while a privacy fence adds separation around the property. The building sits on 1.66 acres and includes an outdoor patio and ample parking. A 7' x 12' electric sign is positioned outside for property identification. Located at 1450 E Mt Gilead Road in Bolivar, Missouri, the property also has electricity available and a metal roof.
Key Highlights
- Open‑concept bar and pub building on 1.66 acres
- Full bar area with kitchen, storage, and walk‑in cooler
- Outdoor patio with ample parking
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$19,137
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$382,740
$382.7K
Cap Rate 7%
$273,386
$273.4K
Cap Rate 9%
$212,633
$212.6K
Market Conditions
NOI Build-Up for 2,400 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$26.5K $11.04/SF
− Vacancy
−$980 −$0.41/SF
EGI
$25.5K $10.63/SF
− OpEx
−$6.4K −$2.66/SF
NOI
$19.1K $7.97/SF
Area
Polk County, MO
Vacancy
3.70%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$382,740
Cap Rate 7%
$273,386
Cap Rate 9%
$212,633
Alternative Uses
Best Use
Specialty Retail
$273.4K
$239.2K – $319.0K
NOI $19,137 @ 7.0% cap · market cap 3.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$362.2K
$317.0K – $422.6K
NOI $25,357 @ 7.0% cap · market cap 4.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
323
Businesses Nearby
175k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 40%
Shops & Services 23%
Dining 15%
Groceries 11%
Walmart
Superstores
70,581 visits/mo
0.4 miles
Kum & Go
Shops & Services
20,206 visits/mo
0.2 miles
Wendy's
Dining
19,374 visits/mo
0.2 miles
Aldi
Groceries
18,572 visits/mo
0.5 miles
Dollar Tree
Shops & Services
13,080 visits/mo
0.3 miles
Demographics for 65613, MO
17,890
Population
7,327
Households
2.4
Avg Household Size
37
Median Age
26%
College-Educated
90%
High-School Grad
184.9 sq mi
ZIP Area
97
Density / Sq Mi
$56,919
Median Household Income
$31,765
Median Earnings
$828
Median Rent
$197,200
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
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Similar Off Market Nearby
- Cut Ups Bar and Grill LLC — 1450 E Mt Gilead Rd, Bolivar, MO 65613
Frequently Asked Questions
What type of property is this?
Bar & Pub - Open-concept space includes a full bar, kitchen, walk-in cooler, outdoor patio, and ample parking.
Where is this bar & pub located?
The property is located at 1450 E Mt Gilead Road Bolivar, MO.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: Open‑concept bar and pub building on 1.66 acres; Full bar area with kitchen, storage, and walk‑in cooler; Outdoor patio with ample parking
