Restaurant Building with Outdoor
For Sale
$726,900
Pending
329 S Main Avenue Bolivar, Bolivar, MO 65613
Restaurant property with private dining, commercial kitchen infrastructure, outdoor seating, and paved customer parking.
Property Size4,683 SF
Days on Market108
Property Features for 329 S Main Avenue Bolivar
General Information
Standard status
Pending
Size
4,683 SF
Additional Details
Patio
Yes
Taxes and HOA fees
Annual Taxes
$3,062
Amenities
Private dining room
Outdoor seating with water fountain
118X238
0.64
Paved,Private,Parking Area,20+ Spaces
4683
Building Details
Building Size
4,683 SF
Year Built
1950
Listing Agency:
RE/MAX SHOWTIME
Listed By:
Jon Holloway
(417) 294-1629
Source:
Jonholloway.showtimeproperties
Added: Jul 1
Changed: Oct 12
Last Checked: Oct 7 at 9:25AM
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 RE/MAX SHOWTIME
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Investment Insights
Based on property information with market context.
The 4,683-square-foot restaurant at 329 S Main Avenue includes a main dining room, a separate private dining room, and a commercial kitchen with prep and storage areas. A walk-in cooler supports kitchen operations, while HVAC systems have been serviced and updated within the past five years. The building was constructed in 1950.
Outdoor seating extends the customer area and includes a water fountain feature. The property also provides a paved, private parking area with 20+ spaces for customers and staff. Located in Bolivar, Missouri, the restaurant offers an established physical layout for continued restaurant use.
Outdoor seating extends the customer area and includes a water fountain feature. The property also provides a paved, private parking area with 20+ spaces for customers and staff. Located in Bolivar, Missouri, the restaurant offers an established physical layout for continued restaurant use.
Key Highlights
- 4,683 square feet of restaurant space
- Main dining room plus separate private dining room
- Commercial kitchen with walk‑in cooler, prep, and storage areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,341
Cap Rate
5.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,820
$746.8K
Cap Rate 7%
$533,443
$533.4K
Cap Rate 9%
$414,900
$414.9K
Market Conditions
NOI Build-Up for 4,683 SF
Gross rent
$51.7K $11.04/SF
− Vacancy
−$1.9K −$0.41/SF
EGI
$49.8K $10.63/SF
− OpEx
−$12.4K −$2.66/SF
NOI
$37.3K $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%
$746,820
Cap Rate 7%
$533,443
Cap Rate 9%
$414,900
Alternative Uses
Best Use
Specialty Retail
$533.4K
$466.8K – $622.4K
NOI $37,341 @ 7.0% cap · market cap 5.14%
Second Best
Industrial
$214.6K
$187.7K – $250.3K
NOI $15,019 @ 7.0% cap · market cap 2.07%
Theoretical Best
Office A
$706.8K
$618.5K – $824.6K
NOI $49,477 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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 - Restaurant property with private dining, commercial kitchen infrastructure, outdoor seating, and paved customer parking.
Where is this conventional restaurant located?
The property is located at 329 S Main Avenue Bolivar 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: 4,683 square feet of restaurant space; Main dining room plus separate private dining room; Commercial kitchen with walk‑in cooler, prep, and storage areas
