Search
Operating Restaurant with Banquet Room
For Sale
$399,900

15 E Olive Street, Aurora, MO 65605

Commercial Sale, Aurora, MO

Property SizeContact for details
Lot Size0.23 Acres
Days on Market910

Property Features for 15 E Olive Street

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 4, Bathroom 3, Bathroom 5, Bathroom 2, Bathroom 1
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

Amenities

outdoor courtyard

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: Sep 13 Last Checked: Oct 4 at 1:06PM
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 occupies a 0.23-acre property at 15 E Olive Street in Aurora, Missouri. The building includes a large dining area, banquet room, outdoor courtyard, and an upstairs apartment with four bedrooms and two bathrooms. Equipment and inventory are available as part of the sale, and the current owners are willing to assist with training and transition.

Built in 1900, the property has forced-air and natural-gas heating, central air conditioning, water availability, and on-street parking. The restaurant has been operating for over thirteen years, providing an established commercial use with additional residential space within the building.

Key Highlights

  • Operating restaurant with large dining area and banquet room
  • Outdoor courtyard suited to restaurant, wedding, or event use
  • Upstairs 4‑bedroom, 2‑bathroom apartment

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open 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
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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant with dining, event, courtyard, and upstairs residential space on E Olive Street.
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: Operating restaurant with large dining area and banquet room; Outdoor courtyard suited to restaurant, wedding, or event use; Upstairs 4‑bedroom, 2‑bathroom apartment
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again