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Property profile & analytics
OFF-MARKET
Bars & Pubs

110 Elson St Kirksville, MO 63501-3465

3,888 SF 0.04 ac lot Built 1900
Individually Owned Absentee Owner Free & Clear
Property ID
US48-1669458
Property summary
AI-generated overview

Prime opportunity to acquire TP's Office Bar, a well-established Kirksville, MO institution operating for over 35 years. This profitable business is housed in a two-story, 3,672 square foot building located at 110 S Elson St, in the heart of Kirksville, a vibrant college town home to Truman State University, ATSU, and the Missouri School of Dentistry. The asking price is $365,000, translating to $99.40 per square foot. The property is zoned for general commercial use, presenting a significant value-add potential. The upper floor offers versatile space, ideal for leasing as apartments, retail space, or offices, generating additional income streams. All bar furniture, fixtures, and equipment are included in the sale. While currently not serving food, the bar features a kitchen area equipped for food service, allowing a new owner to expand offerings. TP's Office Bar enjoys consistent high volume sales, particularly during college seasons and sporting events, attracting both students and local residents. This turnkey operation presents a unique blend of established business and real estate investment in a thriving Missouri market. The property is a single-tenant building.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1900
Total area 3,888 SF
Lot 0.04 ac (1,944 SF)
APN 13-02.0-09-002-21-08.000
UPID US48-1669458
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
Current use
Occupant on record · Public records
  • T P's Office Bar & Pub
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
PAUL FOWLER
PAUL FOWLER
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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