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Turnkey Commercial Property With Leases & Renovated Restaurant – Lincoln County

United States /Missouri, 122 Prairie Street, 63387, 0.54

Listing ID :

3875268

MLS ID :

434131692

Acres :

0.54 Acres
$235,000

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Property Description

Property Highlights:
Commercial Property in Lincoln County
3 leases provide annual income of $1,800 per month
Renovated Restaurant space ready for business
1 Bed / 1 Bath apartment rent is $600 per month
U.S. Post Office rent is $212 per month
Restaurant / Office space rent is $1,000 per month
Septic system hydro-cleaned & Pumped
New HVAC in restaurant
New waterlines & electric in restaurant
Remodeled bath in apartment
Remodeled bath in Post Office
New paint in Post Office
Building is approx. 2,350 sf total
Restaurant comes Turnkey (fully furnished)

This commercial property includes three current leases in place and a newly renovated restaurant space that could be open for business. Lease #1 is a 1 bed / 1 bath apartment with a rent at $600/month. Lease #2 is the U.S. Post Office with rent of $212/month. Lease #3 is on the Restaurant / Office space with rent of $1,000 per month. Lease #3 will terminate upon closing. The restaurant features updated & new commercial kitchen appliances (new appliances include freezer, 2 fryers, grill top & base, pizza prep table) refrigerators, tables/ chairs, NICE walnut bar and an outdoor covered patio to enjoy outdoor dining. The restaurant is being sold turnkey, and all furniture and fixtures will convey with sale; ready to open for business on closing day!! Bathrooms in the apartment and Post Office have been newly remodled. New paint throuhout Post Office. A great opportunity for a Buyer that wants an immediate return on their investment. Location: City, Corner Location

For more information or to schedule a showing, call or text Joe Ogden (636) 358-3567.

Basic Details

Property Types:

Commercial Acreage

Listing Type:

For Sale

Listing ID:

3875268

Price:

$235,000

Acres:

0.54 Acres

Features:

Electricity, Development Potential

Address Map

Country:

United States

State:

Missouri

County:

Lincoln

City:

Whiteside

Latitude:

39.1846307

Longitude:

-91.016279

Street Address:

122 Prairie Street

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