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    1301 1St St Kennett, MO 63857

    For Lease
    Contact for pricing

    Prime Retail/Restaurant Space, Kennett, MO

    Lot size:
    111,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional three-story, 111,000 square foot retail and restaurant property, located at 1301 1st St, Kennett, MO, and situated on a 6.28-acre lot, presents a unique investment opportunity. Currently offering 100,000 square feet of vacant space, this Class C building boasts 12 suites, with a minimum divisible space of 5,000 square feet and a maximum contiguous space of 100,000 square feet. The property includes ample parking with 500 spaces, and features convenient access via US 42. Built in 1960, the building offers electric and gas power, and elevators are available for easy access to all three floors. The property is ideal for a variety of uses, including game rooms and go-kart tracks, and is perfectly positioned to capitalize on the upcoming Square One Mall development in Kennett, MO. This is a rare chance to secure a significant presence in a rapidly developing town, with flexible space options to suit diverse business needs. The 10% load factor ensures efficient space utilization. Don't miss this opportunity to establish your business in a thriving community.

    Property Features for 1301 1St St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    111,000 SF
    Class
    C

    Building Details

    Year Built
    1960
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Available 10-40 Units
    Size
    100,000 SF

    HighLights

    • 111,000 SF retail/restaurant building with game room and go‑cart track components, offering multiple suites for lease.
    • Spaces range from 5,000 SF to 100,000 SF contiguous, with 100,000 SF currently vacant.
    • Located on a 6.28‑acre lot at 1301 1st St, Kennett, MO, near US 42.
    • Features 12 suites in a three‑story, Class C building constructed in 1960, with 500 parking spaces, electric and gas power, and elevators.
    • 10% load factor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Kennett
    County
    Dunklin
    State
    Missouri
    Longitude
    -90.0403649
    Latitude
    36.2355535

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail/Restaurant Space, Kennett, MO
    Where is this restaurant located?
    The property is located at 1301 1St St Kennett, MO.
    What are key features of this property?
    This property features: 111,000 SF retail/restaurant building with game room and go-cart track components, offering multiple suites for lease.; Spaces range from 5,000 SF to 100,000 SF contiguous, with 100,000 SF currently vacant.; Located on a 6.28-acre lot at 1301 1st St, Kennett, MO, near US 42.
    Request Owner's contact information
    1301 1St St Kennett, MO 63857
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    Kennett, MO 63857
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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
    1301 1St St Kennett, MO 63857
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