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Property profile & analytics
OFF-MARKET
Auto shops

301 Franklin St Kirksville, MO 63501-2918

1,664 SF 0.13 ac lot Built 1955
Entity Owned 3-yr Hold Free & Clear
Property ID
US48-1879618
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1955
Total area 1,664 SF
Lot 0.13 ac (5,832 SF)
APN 13-02.0-09-002-03-03.000
UPID US48-1879618
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Greek Corner Gyros Restaurant
  • Intoxalock Ignition Interlock Building Supply General Contractor
  • Mike's Auto Service Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mikes Auto Service Center LLC · 3 yrs held
Mikes Auto Service Center LLC
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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