Listing Agency: Prestige Realty, Inc l***@prestigerealty.net Show Phone

Listed By: Jordahn Leonard · License #2022007779 Show Phone

Source: Exprealty

Added: Jul 22 Changed: Aug 17 Last Checked: Aug 18 at 12:07PM

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Investment Insights

Based on property information with market context.

This established restaurant property combines dining, bar, and lounge functions in one operating venue. The premises include two bathrooms, a newer roof, and both private and public parking for guests.

Located at 406 S Main Street in New London, Missouri, the business is positioned for continued operation with transition assistance available from the current owner. Financial statements and additional business information are available to serious, pre-approved buyers upon request.

Key Highlights

• Established restaurant with bar and lounge operations
• Private and public parking available for guests
• Newer roof and two bathrooms

Property Analytics

Property Profile

Current Use

Tubby's Grub And Pub Bar & Pub

Suggested Use

Top Pick Parking Lot & Garage Building Supply Furniture & Home Goods Garden Center Storage Facility Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

105

Businesses Nearby

21k

Monthly Visits Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 92% Dining 8%

New London #2 Shops & Services

12,212 visits/mo 0.4 miles

Dollar General Shops & Services

5,600 visits/mo 0.4 miles

Shell Shops & Services

1,998 visits/mo 0.5 miles

SUBWAY Dining

1,647 visits/mo 0.5 miles

Demographics for 63459, MO

4,162

Population

1,885

Households

2.2

Avg Household Size

43

Median Age

16%

College-Educated

89%

High-School Grad

139.1 sq mi

ZIP Area

30

Density / Sq Mi

$63,462

Median Household Income

$36,644

Median Earnings

$781

Median Rent

$158,000

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Operating venue includes lounge space, guest parking, and support for an owner transition.

Where is this conventional restaurant located?

The property is located at 406 S Main Street New London, MO.

What is the asking price?

The asking price for this property is $225,000.

What are key features of this property?

This property features: Established restaurant with bar and lounge operations; Private and public parking available for guests; Newer roof and two bathrooms