Turn-Key Restaurant on South
2412 S Main Street Joplin, MO 64804
2412 S Main Street, Joplin, MO, 64804
$1,400,000
Pending
For Sale
$1,400,000
Pending
COMMERCIAL - Joplin, MO
Property Size5,378 SF
Lot Size0.73 Acres
Days on Market107
Property Features for 2412 S Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Pending
- APN
- 14-1.0-11-0-1-5.252
- Size
- 5,378 SF
- Lot size
- 0.73 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10796
Utilities
- Heating system
- Central, Natural Gas
- Cooling system
- Wall Unit(s), Central Air
Building Details
- Year built
- 2014
- Flooring type
- Ceramic
- Roof type
- Rubber
Listing Agency
PRO 100 Inc., REALTORS
(417) 782-0800
1027 S Main Street Suite 300, Joplin, MO
Listed by
Jim Alyssa Hunter Team · License #2010009040
(417) 850-5355
Added: Apr 1 Checked: Jul 16 at 8:06 pm
MLS# 261691
Copyright © 2026 Ozark Gateway Association of Realtors. 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 turn-key restaurant is located on S Main St in Joplin. Constructed in 2014, the building offers 5378 square feet of space. While currently operating as a Mexican restaurant, the property is suitable for various menu types. The sale includes all equipment and fixtures needed for operation. The property includes two parcels totaling 0.7324 acres, providing ample paved parking. This sale is subject to tenant rights.
Key Highlights
- 2014‑built restaurant building with 5,783 SF on S Main St in Joplin
- Includes all equipment and fixtures needed to operate; currently set up as a Mexican restaurant
- More than adequate parking: two parcels totaling 0.7324 acres with paved parking
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.5k | $14.04 |
| − Vacancy | −$3.0k | −$0.56 |
| EGI | $72.5k | $13.48 |
| − OpEx | −$18.1k | −$3.37 |
| NOI | $54.4k | $10.11 |
5,378 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$776.6K
$679.6K – $906.1K
NOI $54,365 @ 7.0% cap · market cap 3.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M
NOI $113,583 @ 7.0% cap · market cap 8.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
El Vaquero Authentic ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Restaurant building with equipment and fixtures on 0.73 acres.
Where is this conventional restaurant located?
The property is located at 2412 S Main Street Joplin, MO.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 2014‑built restaurant building with 5,783 SF on S Main St in Joplin; Includes all equipment and fixtures needed to operate; currently set up as a Mexican restaurant; More than adequate parking: two parcels totaling 0.7324 acres with paved parking
