125 Frankford Ave Novinger, MO 63559
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.