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Property profile & analytics
OFF-MARKET
Bars & Pubs

125 Frankford Ave Novinger, MO 63559

1,296 SF 0.13 ac lot Built 1904
Individually Owned Free & Clear
Property ID
US48-2426032
Property summary
AI-generated overview

This exceptional turnkey opportunity presents a well-established bar and grill in Novinger, Missouri, a thriving community just under eight miles from Kirksville. "Chevy's Bar and Grill," a beloved local favorite for over two decades, is currently operating seven days a week and includes all fixtures and equipment. The sale encompasses the 1,296 square foot building, complete with tables, chairs, barstools, a commercial auto-fry cooker, four freezers, microwave, stove, coolers, televisions, karaoke equipment, and signage. Adding to the value, the sale also includes two additional adjacent lots (0.22 acres total), presenting potential for expansion, outdoor seating, or future development. The property is being sold in "as is" condition. This represents a rare chance to acquire an already profitable, turnkey business with significant growth potential in a desirable location. The asking price for this exceptional package is $85,000. This is a prime investment opportunity in Adair County, Missouri.

Property profile
Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Year built 1904
Total area 1,296 SF
Lot 0.13 ac (5,600 SF)
APN 07-09.0-29-004-28-06.000
UPID US48-2426032
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
JOHN MCFARLAND
JOHN MCFARLAND
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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