213 Broadway St Elsberry, MO 63343-1324
- Bars
- 1,840 SF
- 0.07 lot acres
Current Use by Public Records
- Bars
Property Details for 213 Broadway St
- Year built
- 1947
- Lot size
- 0.07 lot acres
- Property size
- 1,840 SF
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 02-50-21-004-026-010.000
- APU
- 25021004026010000
Description
Exceptional opportunity to acquire Shooters Saloon, a well-established bar and restaurant in Elsberry, Missouri. Located on Broadway Street, this turnkey business boasts nearly 7,000 square feet of space, comfortably seating approximately 100 patrons. Generating nearly half a million dollars in annual revenue, this property offers a strong 17.17% cap rate and a net operating income (NOI) of $120,000. The asking price is $699,000, translating to $101.30 per square foot. Recent renovations in 2023 included updates to the restrooms, HVAC system, and roof. The sale includes all inventory, the business name and likeness, and the real estate itself. The property sits on a 3,006 square foot lot and includes 10 parking spaces. Existing staff are interested in remaining, and the current owner is willing to provide training during the transition. This single-story, Class C building presents a rare chance to own a profitable, established business with significant cash flow potential. The property is a single unit on a private ownership.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elsberry
- County
- Lincoln
- State
- Missouri
- Longitude
- -90.7826
- Latitude
- 39.1661
- CBSA code
- 41180
- CBSA name
- ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
