100 Courthouse Sq Kennett, MO 63857
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.