Restaurant Space in Central
329 S Main Ave, Bolivar, MO 65613
For Sale
$726,900
Pending
Turnkey restaurant space with high visibility and ample parking.
Property Size5,000 SF
Days on Market396
Property Features for 329 S Main Ave
General Information
Standard status
Size
Taxes and HOA fees
Annual Taxes
Listing Agency:
Neighborhood Real Estate
Listed By:
Dustin Ross · License MO #2043895
(417) 399-2275
Source:
Exprealty
Added: Oct 13, 2025
Changed: Nov 8
Last Checked: Nov 10 at 12:03PM
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 Neighborhood Real Estate
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Investment Insights
Based on property information with market context.
This property offers approximately 5,000 square feet of restaurant space in a high-traffic, central location. The well-maintained building features a spacious main dining area suitable for large groups, along with a private dining room for events or meetings. The kitchen is equipped for high-volume service, including a large walk-in cooler and ample prep and storage space. The HVAC systems have been serviced and updated within the past five years. Outdoor seating is available, enhanced by a water fountain centerpiece. A large parking lot provides ample space for customers and staff. The property is located south of Bolivar square on Main Street, on the right side, offering visibility and accessibility. This turnkey space is suitable for opening a new restaurant concept or expanding an established brand.
Key Highlights
- High‑traffic central location offers unmatched visibility and accessibility.
- Approximately 5,000 sq ft of restaurant space suitable for various concepts.
- Spacious main dining area and private dining room for events and gatherings.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,868
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$797,360
$797.4K
Cap Rate 7%
$569,543
$569.5K
Cap Rate 9%
$442,978
$443.0K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$55.2K $11.04/SF
− Vacancy
−$2.0K −$0.41/SF
EGI
$53.2K $10.63/SF
− OpEx
−$13.3K −$2.66/SF
NOI
$39.9K $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 Rate 5%
$797,360
Cap Rate 7%
$569,543
Cap Rate 9%
$442,978
Alternative Uses
Best Use
Specialty Retail
$569.5K
$498.4K – $664.5K
NOI $39,868 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$754.7K
$660.3K – $880.4K
NOI $52,826 @ 7.0% cap · market cap 7.27%
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
Location Intelligence
Trade Area within ½ mile
595
Businesses Nearby
50k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 73%
Shops & Services 27%
SONIC Drive In
Dining
19,595 visits/mo
0.2 miles
Bolivar
Shops & Services
9,606 visits/mo
0.2 miles
El Rodeo
Dining
7,167 visits/mo
0.2 miles
Domino's Pizza
Dining
7,003 visits/mo
0.4 miles
Little Caesars Pizza
Dining
2,731 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
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey restaurant space with high visibility and ample parking.
Where is this conventional restaurant located?
The property is located at 329 S Main Ave Bolivar, MO.
What is the asking price?
The asking price for this property is $726,900.
What are key features of this property?
This property features: High‑traffic central location offers unmatched visibility and accessibility.; Approximately 5,000 sq ft of restaurant space suitable for various concepts.; Spacious main dining area and private dining room for events and gatherings.
