515 North Cleveland St Fayette, MO 65248
For Sale
This exceptional restaurant opportunity is located at 515 North Cleveland Street in Fayette, Missouri, 65248. The property boasts a prime location offering prominent visibility from North Cleveland Street, ensuring high traffic and customer exposure. The building encompasses 2,000 square feet situated on a one-acre lot, providing ample parking for patrons and staff. The asking price is $225,000, translating to a price per square foot of $112.50. This turnkey restaurant is ready for immediate operation, presenting a significant advantage for prospective buyers. Its convenient location and easy access contribute to its strong potential for success. The property's size and layout are ideal for a variety of restaurant concepts, offering flexibility and adaptability to different culinary styles and operational needs. The ample parking further enhances the overall appeal and convenience for customers. This is a rare opportunity to acquire a well-positioned restaurant property in a thriving community. The property is zoned for retail use and is ready for a new owner to take over and continue its success or implement their own vision. Serious inquiries are encouraged.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.