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    FOR SALE
    Turn key restaurants

    1 S Main St, Salem, MO 65560

    6,937 SF 0.96 ac lot Built 1940
    Entity Owned Free & Clear
    Property ID
    US48-1914420
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 1 S Main Street in Salem, MO, presents a compelling investment opportunity. Boasting over 6900 square feet of space within a mostly brick structure, this building is ideally situated near the town square and major Salem thoroughfares, ensuring high visibility and accessibility. The property includes a substantial asphalt parking lot with over 16 spaces, complemented by prominent lighted signage on Main Street for optimal brand exposure. Internal features include a fully equipped kitchen, walk-in cooler and freezer, and a robust 600 AMP electrical service. Climate control is ensured by three independent heating and cooling units, providing flexibility and efficiency. The layout is versatile, encompassing multiple restrooms, dedicated back office space, and several meeting rooms, catering to a wide range of business needs. The 0.96-acre lot offers ample space for expansion or outdoor activities. The property's impressive size, prime location, and extensive amenities make it an exceptional value. The owner is open to considering lease options, providing added flexibility for potential buyers. This is a rare opportunity to acquire a high-value commercial property in a desirable location

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1940
    Total area 6,937 SF
    Lot 0.96 ac (41,818 SF)
    APN 08-6.0-13-4-45-001.000
    UPID US48-1914420
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    BRICKHOUSE GRILL LLC
    BRICKHOUSE GRILL LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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