Bar and Grill with
For Sale
$149,900
201 State Street E, Delta, MO 63744
The sale includes restaurant equipment and fixtures, with exclusions for the pool table, jukebox, and ATM.
Property Size1,303 SF
Price / SF$115.04
Days on Market128
Property Features for 201 State Street E
General Information
Standard status
Active
Size
1,303 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$1,120
Building Details
Building Size
1,303 SF
Year Built
2017
Buildings
1
Stories
1
Listing Agency:
Flowers Home Realty
(636) 348-0222
Listed By:
Marletta Flowers · License #2006018112
(314) 614-8707
Source:
Flowershomerealty
Added: Jun 19
Changed: Oct 23
Last Checked: Oct 23 at 1:26PM
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 Flowers Home Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This bar and grill occupies approximately 1,303 square feet and was built in 2017. Restaurant equipment and fixtures are included, except for the pool table, jukebox, and ATM. The property is associated with an established 22-year business, whose owner is retiring.
The site is described as being at the junction of Hwy 25, Hwy N, and Hwy EE in Delta, Missouri.
The site is described as being at the junction of Hwy 25, Hwy N, and Hwy EE in Delta, Missouri.
Key Highlights
- Approximately 1,303 finished square feet
- Built in 2017
- Restaurant equipment and fixtures included; pool table, jukebox, and ATM excluded
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,172
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,440
$263.4K
Cap Rate 7%
$188,171
$188.2K
Cap Rate 9%
$146,356
$146.4K
Market Conditions
NOI Build-Up for 1,303 SF
Gross rent
$18.3K $14.04/SF
− Vacancy
−$732 −$0.56/SF
EGI
$17.6K $13.48/SF
− OpEx
−$4.4K −$3.37/SF
NOI
$13.2K $10.11/SF
Area
Cape Girardeau County, MO
Vacancy
4.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,440
Cap Rate 7%
$188,171
Cap Rate 9%
$146,356
Alternative Uses
Best Use
Specialty Retail
$188.2K
$164.7K – $219.5K
NOI $13,172 @ 7.0% cap · market cap 8.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$411.1K
$359.7K – $479.6K
NOI $28,775 @ 7.0% cap · market cap 19.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 63744, MO
185
Population
105
Households
1.8
Avg Household Size
48
Median Age
14%
College-Educated
75%
High-School Grad
1.9 sq mi
ZIP Area
97
Density / Sq Mi
$39,750
Median Household Income
$31,154
Median Earnings
$1,025
Median Rent
$102,800
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
Frequently Asked Questions
What type of property is this?
Bar & Pub - The sale includes restaurant equipment and fixtures, with exclusions for the pool table, jukebox, and ATM.
Where is this bar & pub located?
The property is located at 201 State Street E Delta, MO.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Approximately 1,303 finished square feet; Built in 2017; Restaurant equipment and fixtures included; pool table, jukebox, and ATM excluded
