Property profile

743 N Main St Gravois Mills, MO 65037

FOR SALE
Turn key restaurants
Property ID
US48-2328447
7,278 SF Built 2001
Individually Owned 3-yr Hold Free & Clear
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For Sale
Contact for pricing 7,278 SF
743 N Main St, Gravois Mills, MO 65037
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Property summary

AI-generated overview

This exceptional turnkey business opportunity presents the chance to acquire Redd's BBQ, a thriving restaurant located at 743 N Main St, Gravois Mills, Missouri, 65037. The property boasts a substantial 7,800 square feet of space, housed within a single-story building that underwent a complete renovation in 2023. The building sits on a C-1 zoned lot, offering flexibility for various commercial uses. The asking price for this established business, including all restaurant equipment and inventory, is $1,500,000. However, the owner is open to considering offers for the building separately, without the included restaurant equipment and inventory. This presents a unique opportunity for both established restaurateurs looking to expand their operations and investors seeking a profitable venture in a desirable location. The property's prime location in Gravois Mills, Missouri, ensures high visibility and accessibility for customers. The recent renovation guarantees a modern and efficient operational space, minimizing the need for immediate capital expenditures. This is a rare chance to acquire a well-established, profitable business with significant growth potential in a thriving community. Serious inquiries are encouraged to explore this lucrative investment opportunity further.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2001
Total area 7,278 SF
APN 204019400002008000
UPID US48-2328447

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
  • Restaurant

Location

743 N Main St Gravois Mills, MO 65037
Gravois Mills metro Census 470503
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$545k

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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