19 Locust St, Aurora, MO 65605-1414
This exceptional 850-square-foot tavern presents a remarkable opportunity in the heart of Aurora, Missouri. Located at 19 W Locust Street, this established business benefits from a prime downtown location with high foot traffic and excellent visibility. The property sits on a convenient 0.05-acre lot, offering flexible parking options including both street parking and a dedicated rear lot, ensuring ample space for patrons. Inside, the well-maintained space features a welcoming atmosphere, thoughtfully designed to maximize comfort and encourage customer engagement. The efficient layout includes two bathrooms, catering to both staff and customer needs. This turnkey operation is ready for a new owner to continue its legacy as a beloved neighborhood gathering spot or to reimagine the space to suit their own entrepreneurial vision. The interior offers considerable flexibility for customization, allowing for a seamless transition to a new concept while retaining the charm of its established character. This is a rare chance to acquire a thriving business in a desirable location, offering immediate income potential and significant upside. The asking price is $99,000. Don't miss this chance to own a piece of Aurora's vibrant downtown.
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
Similar Nearby for Sale
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.