Property profile

33880 Ivy Bend Rd Stover, MO 65078

OFF-MARKET
Commercial real estate
Property ID
US48-2279766
1.52 ac lot
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Property summary

AI-generated overview

This exceptional opportunity presents the chance to acquire The Wet Spot Bar & Grill, a well-established and profitable waterfront establishment situated on 1.52 acres at the 59 mm of the Osage River in Stover, Missouri. The property boasts a dock with slips accommodating over 20 boats, attracting a steady stream of boaters and visitors. The bar and grill itself is fully equipped with a functional kitchen and bar area, complemented by a spacious outdoor patio offering stunning waterfront views. This turnkey operation benefits from a loyal local clientele and a strong tourist base, ensuring consistent revenue generation. Beyond the core bar and grill business, multiple additional income streams are in place. These include rental income from boat slips and a tiny home, as well as rental income from a residential apartment located above the bar, currently occupied by an established tenant. The business enjoys a proven track record and a well-established customer base, presenting significant potential for future growth and expansion. This unique offering combines the appeal of a thriving business with the added benefit of diverse income streams, making it an exceptional investment opportunity. An on-site inspection is highly recommended to fully appreciate the potential of this remarkable property.

Property profile

Verified
Property type Commercial real estate
Lot 1.52 ac (66,211 SF)
UPID US48-2279766

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub Restaurant

Location

33880 Ivy Bend Rd Stover, MO 65078
Stover metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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