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Restaurant with Banquet Room
For Sale
$399,900

15 E Olive Street, Aurora, MO 65605

COMMERCIAL - Aurora, MO

Property SizeContact for details
Lot Size0.23 Acres
Days on Market868

Property Features for 15 E Olive Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 5, Bathroom 2
Parking features On Street
Lot features Level
View City
Directions From the junction of Highway's 60 and 39 in Aurora travel north on Highway 39 (Elliott Avenue) and then turn West onto Olive Street. Building is the Olive Grille on the north side of the street.
Standard status Active
APN 191012004005002003
Lot size 0.23 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description BEG 47.77'W OF SE COR LT 6 BLK 2 THEN N100' W102.23' S100' E TO POB REPLAT OF LTS 6,7,8,9,10 BLK 2 OS - AURORA (AKA LTS 3 & 4 BLK 2 REPLAT OF LTS 6,7,8,9 & 10 BLK 2 OS - AURORA)
Tax Annual Amount 2495
Legal Description BEG 47.77'W OF SE COR LT 6 BLK 2 THEN N100' W102.23' S100' E TO POB REPLAT OF LTS 6,7,8,9,10 BLK 2 OS - AURORA (AKA LTS 3 & 4 BLK 2 REPLAT OF LTS 6,7,8,9 & 10 BLK 2 OS - AURORA)

Utilities

Utilities Water Available
Heating system Natural Gas, Forced Air
Cooling system Central Air

Building Details

Year built 1900
Listing Agency: Century 21 Family Tree · Century 21 Real Estate
Listed By: Matthew S Maples · License #2009003843
Added: Apr 8, 2024 Changed: Aug 18 Last Checked: Aug 23 at 10:06PM
MLS# 60265348

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 operating restaurant property at 15 E Olive Street includes a substantial dining area, a separate banquet room, and an outdoor courtyard. The upstairs residential component contains four bedrooms and two bathrooms and may serve as an owner residence or be rented separately. Restaurant equipment and inventory are available as part of the offering. The existing owners are willing to assist with training and transition support.

The property is located in Aurora, Missouri, and sits on a 0.23-acre parcel. On-street parking is available, with water service identified at the property. Building systems include natural gas and forced-air heating along with central air conditioning. Constructed in 1900, the property combines restaurant, banquet, courtyard, and residential components in one commercial asset.

Key Highlights

  • Restaurant includes dining space, a banquet room, and an outdoor courtyard
  • Second‑floor residential component with a 4‑bedroom, 2‑bath layout
  • Equipment and inventory are available with the restaurant offering

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Law Firm Storage Facility Electrical Service

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

426
Businesses Nearby
1k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Conoco Shops & Services
1,340 visits/mo 0.5 miles

Demographics for 65605, MO

11,795
Population
5,299
Households
2.2
Avg Household Size
42
Median Age
13%
College-Educated
83%
High-School Grad
162.6 sq mi
ZIP Area
73
Density / Sq Mi
$52,815
Median Household Income
$35,625
Median Earnings
$754
Median Rent
$135,800
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating venue includes an upstairs four-bedroom apartment and an outdoor courtyard.
Where is this conventional restaurant located?
The property is located at 15 E Olive Street Aurora, MO.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Restaurant includes dining space, a banquet room, and an outdoor courtyard; Second‑floor residential component with a 4‑bedroom, 2‑bath layout; Equipment and inventory are available with the restaurant offering
More about this property
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