311 Alvarado St Belle, MO 65013
This 2500+ square foot commercial building, situated on a 0.12-acre lot at 311 S Alvarado in Belle, Missouri, presents a unique opportunity for entrepreneurs. Located on the highly trafficked State Highway 89, this property boasts a rich history as a successful restaurant, contributing to the charm of the Belle community. While requiring some renovations, the building retains significant assets from its previous operation, including major industrial kitchen equipment such as fryers, grills, a refrigerator, and walk-in coolers. Existing seating, cookware, and dishware are also included, offering a head start for a new culinary venture. The substantial square footage provides ample space for a restaurant or other commercial use, making it an ideal location to establish a thriving business. The property's prime highway location ensures high visibility and accessibility, attracting a steady stream of potential customers. This is a chance to capitalize on a well-established location and existing infrastructure to create a successful new business in the heart of Belle, Missouri. The asking price is $130,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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