101 1St StKennett, MO 63857

Property Details for 101 1St St

Year built

1900

Lot size

0.19 AC

Property size (Sq ft)

2,461 SF

Property type

Other commercial real estate

APN

15-01.0-02-102-00-006.000.000

APU

9223372036854775807

Description

This exceptional opportunity presents a thriving restaurant and bar located at 101 First Street in Kennett, Missouri, 63857. The property boasts 3,000 square feet of space within a building constructed in 1900, situated on a 0.06-acre lot (26' x 111'). This turnkey operation includes all equipment, offering immediate possession upon closing. The asking price of $330,000 encompasses both the building and the established business, currently operating as Downtown Bistro. Financial records indicate a highly profitable business, and the current owner is available to assist in a smooth transition for a successful continuation. Buyers have the flexibility to purchase the entire package, or alternatively, acquire the business with a lease-to-own option for the building at a later date. The property benefits from a recently installed roof (May 2024), minimizing immediate maintenance concerns. Further details are available upon request. This is a rare chance to own a profitable, established business in a desirable location. Don't miss this chance to own a piece of Kennett's vibrant culinary scene.

• Alternative Use

  Use

  Valuation

  Residential

  $643,883

  Hospitality

  $589,794

  Educational

  $490,701

  Medical

  $507,577

  Retail

  $763,313

Location Insight

City

Kennett

County

Dunklin

State

Missouri

Latitude

36.2363

Longitude

-90.0566

CBSA code

28380

CBSA name

KENNETT, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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