Remodeled Restaurant on High-Traffic
For Sale
Contact for pricing
712 W 20th St, Joplin, MO 64804
Fully remodeled restaurant with outdoor dining potential, opening Summer 2025.
Property Size980 SF
Lot Size0.33 Acres
Price / SF$202.96
Days on Market685
Property Features for 712 W 20th St
General Information
Standard status
Active
Size
980 SF
Lot size
0.33 Acres
Property subtype
Retail
Building Details
Year Built
1920
Listing Agency:
Glenn Gibson Commercial Real Estate
(417) 359-6868
Listed By:
Luke Gibson · License #MO 2006022522
Source:
Crexi
Added: Sep 19, 2024
Changed: Jul 6
Last Checked: Aug 3 at 2:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Glenn Gibson Commercial Real Estate
Investment Insights
Based on property information with market context.
Located on 20th Street in Joplin, Missouri, this fully remodeled restaurant is currently leased to a Southern Seafood restaurant, with an opening planned for early Summer 2025. The property features a nearly move-in-ready kitchen, designed to save time and costs. The interior is spacious and fully remodeled, providing a modern aesthetic. The layout is efficient for both back-of-house and front-of-house operations. Situated on a 0.33-acre lot, the property includes a spacious yard suitable for outdoor dining and potential expansion. The location on 20th Street offers excellent visibility and accessibility, benefiting from consistent traffic flow. The property is easily accessible from surrounding neighborhoods, shopping centers, and other commercial hubs. Zoned C-1 (Commercial), the property offers flexibility for various uses beyond a restaurant, such as cafes, bakeries, or retail shops. It also includes a private parking lot, enhancing customer convenience. The property size is 980 square feet.
Key Highlights
- Fully leased to a Southern Seafood restaurant opening early Summer 2025, providing immediate income.
- Located on high‑traffic 20th Street in Joplin, MO, offering excellent visibility and accessibility.
- Includes a private parking lot, a key convenience for customers.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $13.8k | $14.04 |
| − Vacancy | −$550 | −$0.56 |
| EGI | $13.2k | $13.48 |
| − OpEx | −$3.3k | −$3.37 |
| NOI | $9.9k | $10.11 |
980 SF · lease $14.04/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$141.5K
$123.8K – $165.1K
NOI $9,907 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$295.7K
$258.7K – $345.0K
NOI $20,698 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 64804, MO
38,078
Population
16,844
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
91%
High-School Grad
91.4 sq mi
ZIP Area
417
Density / Sq Mi
$62,081
Median Household Income
$34,780
Median Earnings
$886
Median Rent
$171,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Fully remodeled restaurant with outdoor dining potential, opening Summer 2025.
Where is this conventional restaurant located?
The property is located at 712 W 20th St Joplin, MO.
What is the asking price?
The asking price for this property is $198,900.
What are key features of this property?
This property features: Fully leased to a Southern Seafood restaurant opening early Summer 2025, providing immediate income.; Located on high‑traffic 20th Street in Joplin, MO, offering excellent visibility and accessibility.; Includes a private parking lot, a key convenience for customers.
