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Property profile & analytics

301 Franklin St Kirksville, MO 63501-2918

  • Auto shops
  • 1,664 SF
  • 0.13 lot acres
OFF-MARKET
Last Sale
Apr 07, 2023
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US48-1879618
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Greek Corner Gyros / Greek Restaurant / Gyro Restaurant
  • Intoxalock Ignition Interlock / Safety Equipment Supplier / Auto Electrical Service
  • Mike's Auto Service Center / Auto Repair Shop

Property Details for 301 Franklin St

Year built
1955
Lot size
0.13 lot acres
Property size
1,664 SF
Property type
Auto shops
APN
13-02.0-09-002-03-03.000
APU
13020090020303000

Description

This exceptional opportunity presents the chance to acquire a thriving, award-winning restaurant situated in the heart of Kirksville, Missouri. Located on a 5,832 square foot lot at 301 S Franklin St, this 918 square foot, single-story building boasts a prime location between Truman State University and AT Still University, ensuring a consistent flow of customers. Built in 1952 and renovated within the last 10 years, the property is zoned for Central Business District (CBD) use and includes 10 parking spaces. The business operates within a single unit, currently enjoying 100% occupancy. This turnkey operation offers a seamless transition for the new owner, with the current owners providing comprehensive training and support, including sharing their prized recipes. The established restaurant has cultivated a loyal clientele and an excellent reputation, evidenced by numerous accolades and positive online reviews. The asking price for this exceptional investment opportunity is $450,000. This is an ideal acquisition for both seasoned restaurateurs and aspiring entrepreneurs seeking a well-established business with a proven track record of success in a vibrant college town setting.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Kirksville
County
Adair
State
Missouri
Longitude
-92.5835
Latitude
40.1966
CBSA code
28860
CBSA name
KIRKSVILLE, MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,027
$1,880
$8,640
$10,520
-
$5,880
$26,990
$32,870
More about this property
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