14 Ct Sq Alton, MO 65606
This exceptional commercial property, located at 14 Court Square in Alton, Missouri, presents a unique investment opportunity. The 5,732 square foot building sits on a 0.2-acre lot and is currently configured as a fully operational restaurant and bar. The asking price is $275,000. Key features include a recently updated walk-in cooler, new air conditioning units, and a substantial amount of newer kitchen equipment. The spacious dining area is complemented by an installed buffet and salad bar. All furnishings and equipment are included in the sale, making this a truly turnkey operation. The substantial upper level is currently undergoing renovation to become a bed and breakfast, offering potential for additional income streams or flexible use as office space or residential quarters. This established business enjoys a prime location in the heart of the Ozarks, on Alton's historic Court Square, providing excellent visibility and access to a thriving community. The property's size and versatile layout offer significant potential for expansion or adaptation to suit a variety of commercial uses. This is an exceptional opportunity to acquire a well-equipped, established business in a desirable location. The zip code is 65606.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.