520 Pearl St Milan, MO 63556-2461

Property Details for 520 Pearl St

Lot size

1.12 lot acres

Property type

Commercial real estate

APN

10250000500

APU

10250000500

Description

This thriving, family-owned supermarket in Milan, MO, presents a unique investment opportunity. Boasting over 50 years of consistent success, this well-known grocery store has generated approximately $4 million in gross sales annually for the past 15-20 years. The 12,000 square foot building is meticulously maintained, features a flat, foam-sprayed roof, and ample parking. The property also includes two exterior storage trailers and a 12'x24' storage building/greenhouse, sitting on a sizable 3.2-acre lot with significant expansion potential. The store's impressive inventory includes six grocery aisles, three checkout lanes, extensive refrigeration (24 frozen food door coolers, deli coolers, meat cooler, cheese and juice cases), a forklift, and a floor machine. The highly regarded meat department and butcher shop are key differentiators, along with a convenient hot deli. The business benefits from a loyal customer base, competitive pricing, and a prime location less than a mile from Highway 5. The current owners are committed to a smooth transition, offering training and providing supplier and vendor lists. This turnkey operation represents a rare chance to acquire a long-established, community-focused business with a proven track record and substantial growth opportunities.