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Property profile & analytics
FOR SALE
Turn key restaurants

1 S Main St Salem, MO 65560

6,937 SF 0.96 ac lot Built 1940
Entity Owned Free & Clear
Property ID
US48-1914420
Property summary
AI-generated overview

This exceptional commercial property, located at 1 S Main Street in Salem, MO, presents a compelling investment opportunity. Boasting over 6900 square feet of space within a mostly brick structure, this building is ideally situated near the town square and major Salem thoroughfares, ensuring high visibility and accessibility. The property includes a substantial asphalt parking lot with over 16 spaces, complemented by prominent lighted signage on Main Street for optimal brand exposure. Internal features include a fully equipped kitchen, walk-in cooler and freezer, and a robust 600 AMP electrical service. Climate control is ensured by three independent heating and cooling units, providing flexibility and efficiency. The layout is versatile, encompassing multiple restrooms, dedicated back office space, and several meeting rooms, catering to a wide range of business needs. The 0.96-acre lot offers ample space for expansion or outdoor activities. The property's impressive size, prime location, and extensive amenities make it an exceptional value. The owner is open to considering lease options, providing added flexibility for potential buyers. This is a rare opportunity to acquire a high-value commercial property in a desirable location

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1940
Total area 6,937 SF
Lot 0.96 ac (41,818 SF)
APN 08-6.0-13-4-45-001.000
UPID US48-1914420
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
BRICKHOUSE GRILL LLC
BRICKHOUSE GRILL LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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