Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    515 Cleveland St Fayette, MO 65248

    For Sale
    $225,000

    Turnkey Restaurant, High Visibility

    Property size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional restaurant opportunity is located at 515 North Cleveland Street in Fayette, Missouri, 65248. The property boasts a prime location offering prominent visibility from North Cleveland Street, ensuring high traffic and customer exposure. The building encompasses 2,000 square feet situated on a one-acre lot, providing ample parking for patrons and staff. The asking price is $225,000, translating to a price per square foot of $112.50. This turnkey restaurant is ready for immediate operation, presenting a significant advantage for prospective buyers. Its convenient location and easy access contribute to its strong potential for success. The property's size and layout are ideal for a variety of restaurant concepts, offering flexibility and adaptability to different culinary styles and operational needs. The ample parking further enhances the overall appeal and convenience for customers. This is a rare opportunity to acquire a well-positioned restaurant property in a thriving community. The property is zoned for retail use and is ready for a new owner to take over and continue its success or implement their own vision. Serious inquiries are encouraged.

    Property Features for 515 Cleveland St

    General Information

    Property type
    Restaurants
    Square Feet
    2,000 SF
    Lot Size
    43,560 SF

    HighLights

    • High visibility from North Cleveland Street.
    • Excellent access to major thoroughfares.
    • Abundant on‑site parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fayette
    County
    Howard
    State
    Missouri
    Longitude
    -92.6899029
    Latitude
    39.1503581

    Nearby Comparable

    • $225,000
      2,000 SF

      Retail Property on Cleveland Street

      Retail property with prominent visibility and easy access for sale.
      515 N Cleveland St, Fayette, MO 65248
      View Details
    • $255,000

      Fayette MO Office Building

      Turnkey Restaurant/Bar, Upstairs Potential
      107 Main St, Fayette, MO 65248
      View Details

    Nearby Similar for Sale

    • $225,000
      2,000 SF

      Retail Property on Cleveland Street

      Retail property with prominent visibility and easy access for sale.
      515 N Cleveland St, Fayette, MO 65248
      View Details
    • $255,000

      Fayette MO Office Building

      Turnkey Restaurant/Bar, Upstairs Potential
      107 Main St, Fayette, MO 65248
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, High Visibility
    Where is this restaurant located?
    The property is located at 515 Cleveland St Fayette, 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: High visibility from North Cleveland Street.; Excellent access to major thoroughfares.; Abundant on-site parking.
    Request Owner's contact information
    515 Cleveland St Fayette, MO 65248
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    515 Cleveland St
    Fayette, MO 65248
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    515 Cleveland St Fayette, MO 65248
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.