1975 Broadway Blvd Sedalia, MO 65301-2502
This exceptional restaurant property, located at 1975 W Broadway Blvd in Sedalia, Missouri, presents a unique investment opportunity. The 4,900 square foot building sits on a 0.98-acre lot and boasts 20 parking spaces, ensuring ample convenience for patrons. Built in 1969 and renovated in 2011, the property is zoned for commercial use and features one story with a total of 4,900 square feet of air rights. The asking price is $685,000, translating to $139.80 per square foot. The property's history includes a long-standing presence as a successful steakhouse, offering a proven track record and established clientele base. The existing infrastructure includes a fully equipped kitchen and a full bar with a separate entrance. A significant advantage is the 1800 square foot unfinished basement, accessible from the outside, which previously served as a separate event dining room complete with two bathrooms, a mini-bar, and a dumb waiter. This space offers considerable potential for expansion or repurposing, allowing for creative adaptation to suit various culinary concepts. The property's prime location in Sedalia, Missouri, within Pettis County, zip code 65301, ensures high visibility and accessibility. This versatile property offers endless possibilities for a discerning restaurateur or investor seeking a profitable venture in a thriving community.
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
Similar Nearby for Lease
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.