714 1st St Kennett, MO 63857-2440
This exceptional turnkey restaurant opportunity in Kennett, Missouri, is perfectly situated on one of the city's busiest commercial streets. Priced at $200,000, this 744 square-foot building is fully equipped and ready for immediate operation. The sale includes all necessary restaurant equipment, eliminating the need for significant upfront investment. Features include grills, tables, chairs, sinks, a smoker, a refrigerator, and other essential kitchen appliances. A convenient drive-thru has been recently added, enhancing operational efficiency and customer convenience. Recent improvements also include upgrades to the parking lot. Beyond the main building, the property boasts an 8'x12' storage building and a 16'x16' smoke shack, providing ample space for storage and preparation. The interior layout is well-designed, featuring a dedicated register station, a fully functional kitchen, a restroom, and a comfortable customer seating area. This is an ideal opportunity for an aspiring restaurateur or an established business seeking expansion into a high-traffic location. Showings are by appointment only. Don't miss this chance to own a thriving business in a vibrant community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.