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19 Locust St Aurora, MO 65605-1414

OFF-MARKET Bars & Pubs Google Maps
850 SF 0.05 ac lot
Individually Owned Absentee Owner Free & Clear
Estimated value (blended)
$155k
Range $140k – $171k (±10%)
Property ID US48-2915205

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Bars & Pubs
Use group BAR, TAVERN
Total area 850 SF
Lot 0.05 ac (2,100 SF)
APN 191012004009010000
UPID US48-2915205

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate 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
$155k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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