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Property profile & analytics
OFF-MARKET
Office Spaces

310 Main St Gravois Mills, MO 65037-6257

2,466 SF Built 1993
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US48-2141015
Property summary
AI-generated overview

This iconic, profitable restaurant and lounge on approximately 1.5 acres is a well-established West-side Laurie tradition. Boasting over 290 feet of Highway 5 frontage, the property includes ample parking and significant room for expansion. The fully operational business serves a large and loyal clientele of both locals and tourists year-round, offering a diverse menu ranging from tacos to steaks, along with a full bar. The sale includes a substantial 50x100 foot RV storage building featuring seven units, one of which includes an oil pit and a loft suitable for an office. All equipment necessary for immediate operation is included, allowing for a seamless transition to new ownership. This turnkey opportunity presents a rare chance to acquire a thriving business with established brand recognition and significant growth potential in a desirable lakeside location. The property's prime highway frontage and expansive lot offer considerable flexibility for future development or expansion of the existing business. This is a truly exceptional opportunity for an experienced restaurateur or investor seeking a profitable and established business with significant upside.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 1993
Total area 2,466 SF
APN 209029000000034001
UPID US48-2141015
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
  • Chances R Restaurant & Lounge Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Hendrix Holdings LLC
Hendrix Holdings LLC
since 2025
1 recorded transaction
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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