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    100 Courthouse Sq Kennett, MO 63857

    Sponsored
    For Sale
    $339,000

    Turnkey Event Venue, 16,098 SF

    Property size:
    16,098 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 100 N Courthouse Square in Kennett, Missouri, presents a unique investment opportunity. The 16,098 square-foot building, currently operating as a successful event venue, boasts multiple event spaces, a dedicated bridal suite, a fully equipped bar area, and a functional kitchen. Office spaces are currently occupied by tenants, generating additional income streams. Ample storage is available, along with existing event decor and equipment, ensuring a seamless transition for the new owner. The Opera House's established reputation is further solidified by a robust booking schedule extending into 2024 and 2025, providing immediate return on investment. This turnkey operation in the heart of downtown Kennett offers a rare chance to acquire a thriving business with significant growth potential. The property is zoned for commercial use and sits on a substantial land parcel. Detailed financial information and further specifics are available upon request. This is an exceptional opportunity for an investor seeking a proven, profitable venture in a vibrant Missouri community. The zip code is 63857, and the property is situated in Dunklin County. This is a special purpose property, ideal for an entrepreneur looking to capitalize on a well-established business.

    Property Features for 100 Courthouse Sq

    General Information

    Property type
    Land
    Square Feet
    16,098 SF

    HighLights

    • 16,098 SF event venue in Kennett, MO (63857), currently operating successfully.
    • Multiple event spaces, bridal suite, full bar, and kitchen included.
    • Existing tenants provide additional income streams.
    • Ample storage, event decor, and equipment included; turnkey operation.
    • Strong booking schedule through 2025 ensures immediate ROI.
    • Located on a substantial lot in downtown Kennett, zoned commercial.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Kennett
    County
    Dunklin
    State
    Missouri
    Longitude
    -90.0568454
    Latitude
    36.2438542

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    FAQs

    What type of property is this?
    Land - Turnkey Event Venue, 16,098 SF
    Where is this land located?
    The property is located at 100 Courthouse Sq Kennett, MO.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: 16,098 SF event venue in Kennett, MO (63857), currently operating successfully.; Multiple event spaces, bridal suite, full bar, and kitchen included.; Existing tenants provide additional income streams.
    Request Owner's contact information
    100 Courthouse Sq 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
    100 Courthouse Sq Kennett, MO 63857
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