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Property profile & analytics
OFF-MARKET
Investment properties

15 Olive St Aurora, MO 65605-1648

4,500 SF
Individually Owned 16-yr Hold Free & Clear
Property ID
US48-2905036
Property summary
AI-generated overview

This exceptional 6,000 square foot property at 15 E Olive Street, Aurora, MO, presents a lucrative investment opportunity. Situated on a 0.23-acre lot in a high-traffic area, this fully operational restaurant, the Olive Grille, has thrived for over thirteen years, boasting a loyal clientele. The sale includes all equipment and inventory, as detailed in the attached list. The spacious layout features a large dining area, a substantial banquet room perfect for events, and a charming outdoor courtyard ideal for weddings or other functions. Adding to its appeal is a four-bedroom, two-bathroom apartment located upstairs, offering potential for owner occupancy or rental income. The current owners are offering a unique transition opportunity, providing training and support to the new owner, even allowing the retention of the established Olive Grille name and menu if desired. This turnkey business offers a rare chance to own a successful, established restaurant with significant upside potential. The asking price is $485,000. This is a remarkable chance to realize your entrepreneurial aspirations in a vibrant community. Don't miss this exceptional opportunity.

Property profile
Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Total area 4,500 SF
APN 191012004005002003
UPID US48-2905036
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
Mike Kim · 16 yrs held
Mike Kim
since 2009
1 recorded transaction
2009
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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