Technical
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Property profile

107 Main St Fayette, MO 65248

OFF-MARKET
Investment properties
Property ID
US48-1606590
3,441 SF 0.08 ac lot Built 1910
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 107 N Main ST, Fayette, MO 65248, is offered at $255,000. The main level currently operates as a fully equipped, turnkey restaurant and bar, featuring two modern bathrooms and a layout designed for efficient service. The property's prime location on Fayette's vibrant town square ensures high visibility and accessibility, surrounded by other businesses and attractions. A significant advantage is the unfinished upstairs apartment, accessible via a separate entrance. This space presents a versatile opportunity for development, potentially serving as a stylish loft, additional office space, or a rental income suite. The building's proximity to the Howard County Courthouse and its position within the heart of the town square, a frequent location for community events and festivals, adds to its appeal. This property offers a unique blend of established commercial space and significant upside potential in the upstairs area, making it an ideal investment for entrepreneurs or those seeking a mixed-use property in a thriving Missouri town. The property's potential extends beyond its current configuration, allowing for customization and expansion to suit a variety of needs and aspirations. This is a rare opportunity to acquire a piece of Fayette's history and vibrant commercial landscape.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1910
Total area 3,441 SF
Lot 0.08 ac (3,485 SF)
APN 12-1.0-11-001-011-006.000
UPID US48-1606590

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Restaurant
  • Law Firm

Location

107 Main St Fayette, MO 65248-1451
Fayette metro Census 960300 COLUMBIA, MO METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
2014
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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