For Sale
$365,000

110 Elson St Kirksville, MO 63501

Established Bar, High-Volume Sales, Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
132
Prime opportunity to acquire TP's Office Bar, a well-established Kirksville, MO institution operating for over 35 years. This profitable business is housed in a two-story, 3,672 square foot building located at 110 S Elson St, in the heart of Kirksville, a vibrant college town home to Truman State University, ATSU, and the Missouri School of Dentistry. The asking price is $365,000, translating to $99.40 per square foot. The property is zoned for general commercial use, presenting a significant value-add potential. The upper floor offers versatile space, ideal for leasing as apartments, retail space, or offices, generating additional income streams. All bar furniture, fixtures, and equipment are included in the sale. While currently not serving food, the bar features a kitchen area equipped for food service, allowing a new owner to expand offerings. TP's Office Bar enjoys consistent high volume sales, particularly during college seasons and sporting events, attracting both students and local residents. This turnkey operation presents a unique blend of established business and real estate investment in a thriving Missouri market. The property is a single-tenant building.

Highlights

  • $365,000 asking price for this established Kirksville, MO bar.
  • 3,672 square foot, two-story retail building.
  • Located in a high-traffic area near Truman State University and other colleges.
  • Includes all bar furniture, fixtures, and equipment; kitchen area present.
  • Zoned General Commercial, offering potential for additional income via upper-level lease (apartments, retail, or office).

Property Details for 110 Elson St

Property type
Retail properties, Bars
Square Feet
3,672 SF
Stories
2

Location Insight

City
Kirksville
County
Adair
State
Missouri
Latitude
40.194375
Longitude
-92.5846137

FAQs

What type of property is this?
Retail property - Established Bar, High-Volume Sales, Investment Opportunity
Where is the retail property located?
The property is located at 110 Elson St Kirksville, MO.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: $365,000 asking price for this established Kirksville, MO bar.; 3,672 square foot, two-story retail building.; Located in a high-traffic area near Truman State University and other colleges.
How can I contact the broker?
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110 Elson St
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