1049 Kingshighway St Rolla, MO 65401
- Turn key restaurants
- 5,297 SF
- 1.10 lot acres
Current Use by Public Records
- Penelope's Restaurant / Pizza Restaurant / American Restaurant
Property Details for 1049 Kingshighway St
- Year built
- 1983
- Lot size
- 1.10 lot acres
- Property size
- 5,297 SF
- Property type
- Turn key restaurants
- APN
- 71-09-1.0-11-003-007-001.000
- APU
- 9223372036854775807
Description
This exceptional commercial property, situated at 1049 Kingshighway Street in Rolla, Missouri, presents a unique opportunity for food service businesses. Established in 1966, this well-regarded restaurant boasts a substantial 5,297 square foot building on a 1.07-acre lot, offering ample space for operations and customer parking. The property features 130 feet of frontage along the busy Kingshighway corridor, a high-traffic area with numerous national food franchises, ensuring excellent visibility and accessibility. With 68 parking spaces, patrons will find convenient parking readily available. The interior comfortably seats up to 165 diners. The sale includes all existing kitchen equipment and furniture, ready for immediate operation. The HVAC system comprises five 5-ton rooftop units. Two pizza ovens are also included in the sale. The property's strategic location just off Interstate 44 further enhances its appeal, providing easy access for customers. Prominent signage ensures high visibility to passing traffic. This turnkey operation is ideal for restaurateurs seeking a well-established location with significant potential. Alternatively, the property is available for lease on a triple-net basis at a monthly rate of $5,600. This presents a compelling investment opportunity in a thriving commercial area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rolla
- County
- Phelps
- State
- Missouri
- Longitude
- -91.7848
- Latitude
- 37.944
- CBSA code
- 40620
- CBSA name
- ROLLA, MO MICROPOLITAN STATISTICAL AREA
