Property summary
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
VerifiedCap rate & NOI
Current use
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Law Firm
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Restaurant
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Law Firm
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Alternative use
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