100 College St Kennett, MO 63857
This exceptional commercial property, located at 100 College Street in Kennett, Missouri, presents a fantastic investment opportunity. Priced at $145,000, this 0.1-acre lot offers a ready-made income stream as it's currently leased and operating as a restaurant. The property's existing tenant provides immediate cash flow for the new owner, minimizing initial investment risk. This is an ideal situation for investors seeking a stable, revenue-generating asset in a thriving commercial area. The property's location on the Kennett Square ensures high visibility and accessibility, attracting a steady stream of customers. The existing restaurant setup is fully operational, eliminating the need for extensive renovations or build-outs. This turnkey solution allows for immediate occupancy and revenue generation, making it an attractive proposition for both seasoned investors and first-time commercial property owners. The property's size and configuration are well-suited for a variety of commercial uses, offering flexibility for future expansion or adaptation to changing market demands. This is a rare opportunity to acquire a profitable commercial property in a desirable location with minimal upfront investment and immediate return. Don't miss out on this chance to secure a valuable asset in the heart of Kennett, Missouri. Serious inquiries are encouraged.
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
Similar Nearby for Lease
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.