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Property profile & analytics
OFF-MARKET
Investment properties

714 1st St Kennett, MO 63857-2440

785 SF 0.37 ac lot Built 1950
Individually Owned 4-yr Hold Free & Clear
Property ID
US48-1111859
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1950
Total area 785 SF
Lot 0.37 ac (16,320 SF)
APN 13-07.0-36-003-14-009.000.000
UPID US48-1111859
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Johnny Walker · 4 yrs held
Johnny Walker
since 2021
3 recorded transactions
2021
Price N/A
2021
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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