304 3Rd St Salem, MO 65560

Property Details for 304 3Rd St

Year built

1920

Lot size

0.08 lot acres

Property type

Commercial real estate

Description

This exceptional commercial property, located in Salem, Missouri's vibrant downtown area, presents a unique investment opportunity. Priced at $225,000, the property includes a building and a fully equipped restaurant/resale shop. The business is turnkey, offering all equipment and furnishings for immediate operation. Post-renovation, the space comfortably seats over 100 patrons. Four bathrooms are conveniently located throughout. The restaurant boasts superior, high-end appliances, extensive tableware (including Oneida silverware, dishes, bowls, cups, and more), pots, pans, mugs, a beer cooler, and an ice holder. High tables and stools are included for the bar area, adding to the versatile layout. A piano is also part of the sale. The 0.08-acre lot houses the building. It's important to note that the property sustained some damage from a tornado and high winds several years ago, resulting in broken windows. This presents a chance to acquire a well-equipped business in a desirable location at a reduced price, allowing for potential renovation and further enhancement. The property's prime downtown location offers excellent visibility and accessibility. This is an ideal opportunity for an entrepreneur seeking an established business with significant potential. The sale includes all fixtures, equipment, and furnishings, making this a truly turnkey operation.

Location Insight

City

Salem

County

Dent

State

Missouri

Longitude

-91.5388

Latitude

37.645