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Property profile & analytics
OFF-MARKET
Commercial real estate

100 Courthouse Sq Kennett, MO 63857

Built 1900
Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 100 N Courthouse Square in downtown Kennett, Missouri, presents a unique investment opportunity. The building, known as the Opera House, boasts over 15,000 square feet of versatile space, perfectly suited for a thriving event venue. The property includes multiple elegantly appointed event rooms, ideal for weddings, corporate functions, or other large gatherings. A dedicated bridal suite provides convenience and privacy for wedding parties. A fully equipped bar area and kitchen facilitate catering and refreshments. Office spaces are currently occupied by tenants, generating consistent rental income. Ample storage space is available for event decor and equipment, which is included in the sale. The Opera House is a proven, successful turnkey business, with a robust schedule of events already booked for 2024 and 2025, ensuring immediate revenue generation. This is a rare chance to acquire a well-established, high-demand commercial property in a vibrant downtown location. The property is offered at $315,000. Further details are available upon request.

Property profile
Verified
Property type Commercial real estate
Year built 1900
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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