2205 Garrison Ave Carthage, MO 64836-3616
This 1,968-square-foot vacant restaurant building is situated on a 0.32-acre corner lot in Carthage, Missouri, at the intersection of Elk and Garrison Avenues. Currently zoned C-3, this property boasts a prime location with a daily traffic count of 10,000-15,000 vehicles, significantly enhanced by the Missouri Department of Transportation's construction of a nearby five-way roundabout. The building features an open-span dining area, a kitchen with an exhaust hood already in place, a drive-thru window, and a new roof installed in 2018. The exterior has recently been repainted. The interior features ceramic and concrete flooring. Heating and cooling are provided by central systems. Utilities include city water, sewer, natural gas, and electricity from Carthage. The property is offered vacant and ready for immediate possession at closing. Financing options include cash and conventional loans. Additional features include exterior lights, refrigerated/cold storage, and a pole sign. The foundation is a slab, and there is no basement. Road access is paved and maintained by the city. The property is a standalone building in a shopping district. APN is 14501610014001000. Aerial photos are available in the property documents.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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