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    OFF-MARKET
    Commercial real estate

    1 Olive St, Aurora, MO 65605

    0.27 ac lot Built 1920
    Property ID
    Property summary
    AI-generated overview

    This exceptional 0.27-acre property at 1 W Olive Street in Aurora, Missouri, presents a unique investment opportunity. The building, a beautifully renovated former hotel, offers a versatile layout ideal for a variety of commercial ventures. The main structure boasts ample space suitable for a restaurant, complete with a dedicated kitchen and dining area, plus a separate entrance for a bar or lounge. Adding to its flexibility, five individual storefronts are available, perfect for offices, boutiques, small cafes, or other retail businesses. The previous owner has undertaken significant improvements, addressing and resolving previous roof leaks and completing extensive repairs and cleaning throughout the building. This turnkey property is ready for immediate occupancy and offers significant potential for a savvy investor or entrepreneur looking to establish a thriving business in a desirable location. The building's history and character combine with its modern updates to create a truly unique and attractive commercial space. The property's prime location in Aurora ensures high visibility and accessibility, making it an excellent choice for a variety of commercial uses. The asking price of $79,900 represents an exceptional value for this well-maintained and versatile commercial property. Don't miss this chance to own a piece of Aurora's history and build your future. The square footage is not currently available.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1920
    Lot 0.27 ac (11,761 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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