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    21962 State Hwy Ste. Genevieve, MO 63670

    For Sale
    $590,000

    High-Visibility Ste. Genevieve Business Opportunity

    Property size:
    1,851 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 1-story commercial building at 21962 State Hwy 32, Ste. Genevieve, MO 63670, offers 1,851 square feet of space with an additional 274 square feet of rentable area, totaling 2,125 square feet. Situated on a 0.51-acre lot, this property boasts 25 parking spaces and is zoned for commercial use (Comm). The asking price is $590,000, translating to $318.75 per square foot. Currently vacant, this versatile building is ideal for a variety of uses, including restaurants, traditional offices, retail operations, or a combination thereof. A complete commercial kitchen, including a fry line and two walk-in coolers, is already in place. Three-phase electric service is available. The property enjoys a prime location with exceptional visibility, making it an attractive investment opportunity. The seller is motivated and may offer financing options. Equipment is negotiable. This is a turnkey opportunity to establish a thriving business in a high-traffic area. The APN is 10151.045.

    Property Features for 21962 State Hwy

    General Information

    Property type
    Restaurants
    Square Feet
    1,851 SF
    Lot Size
    22,216 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 1‑Story, 2,125 SF commercial building on a 0.51‑acre lot.
    • 25 parking spaces.
    • Commercially zoned.
    • Three‑phase electric service.
    • Asking price: $590,000 ($278/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Ste. Genevieve
    County
    Ste. Genevieve
    State
    Missouri
    Longitude
    -90.0570038
    Latitude
    37.9671582

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    FAQs

    What type of property is this?
    Restaurant - High-Visibility Ste. Genevieve Business Opportunity
    Where is this restaurant located?
    The property is located at 21962 State Hwy Ste. Genevieve, MO.
    What is the asking price?
    The asking price for this property is $590,000.
    What are key features of this property?
    This property features: 1-Story, 2,125 SF commercial building on a 0.51-acre lot.; 25 parking spaces.; Commercially zoned.
    Request Owner's contact information
    21962 State Hwy Ste. Genevieve, MO 63670
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    Ste. Genevieve, MO 63670
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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
    21962 State Hwy Ste. Genevieve, MO 63670
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