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    1101 Normal Ave Kirksville, MO 63501

    For Sale
    Contact for pricing

    Established Indian eatery, high sales.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional opportunity presents the chance to acquire a flourishing Indian restaurant in Kirksville, Missouri. Located at 1101 E Normal Ave, this 3,800 square foot establishment boasts a prime corner lot at the intersection of Baltimore St and Normal Ave, offering excellent visibility and accessibility to Highways 11 & 63. Benefitting from over 36,000 daily vehicle pass-bys, the restaurant enjoys a steady flow of customers. Currently operating five days a week for dinner service only, the business generates impressive monthly sales ranging from $35,000 to $45,000. The restaurant features a convenient drive-through and is the only Indian/Pakistani restaurant in Kirksville, creating a unique market position. The interior is well-designed, providing a warm and inviting atmosphere suitable for various dining occasions. Significant growth potential exists by expanding operating hours to include lunch service, capitalizing on the lack of competition within a 100-mile radius. The lease and utilities cost $5,500 per month. This is a business-only sale

    Property Features for 1101 Normal Ave

    General Information

    Property type
    Restaurants

    HighLights

    • For Sale: Thriving Indian restaurant business; real estate not included.
    • Monthly sales: $35,000 - $45,000.
    • Lease and utilities: $5,500 per month.
    • Prime corner location in Kirksville, MO, with high visibility and traffic counts.
    • Contact [email protected] or 913‑562‑7187 for pricing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kababesh Grill Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kirksville
    County
    Adair
    State
    Missouri
    Longitude
    -92.571920132655
    Latitude
    40.190105954801

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    FAQs

    What type of property is this?
    Restaurant - Established Indian eatery, high sales.
    Where is this restaurant located?
    The property is located at 1101 Normal Ave Kirksville, MO.
    What are key features of this property?
    This property features: For Sale: Thriving Indian restaurant business; real estate not included.; Monthly sales: $35,000 - $45,000.; Lease and utilities: $5,500 per month.
    Request Owner's contact information
    1101 Normal Ave Kirksville, MO 63501
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    Kirksville, MO 63501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1101 Normal Ave Kirksville, MO 63501
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