For Sale
$330,000

101 1St St Kennett, MO 63857

Turnkey Restaurant, Established Business, High Profits

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional opportunity presents a thriving restaurant and bar located at 101 First Street in Kennett, Missouri, 63857. The property boasts 3,000 square feet of space within a building constructed in 1900, situated on a 0.06-acre lot (26' x 111'). This turnkey operation includes all equipment, offering immediate possession upon closing. The asking price of $330,000 encompasses both the building and the established business, currently operating as Downtown Bistro. Financial records indicate a highly profitable business, and the current owner is available to assist in a smooth transition for a successful continuation. Buyers have the flexibility to purchase the entire package, or alternatively, acquire the business with a lease-to-own option for the building at a later date. The property benefits from a recently installed roof (May 2024), minimizing immediate maintenance concerns. Further details are available upon request. This is a rare chance to own a profitable, established business in a desirable location. Don't miss this chance to own a piece of Kennett's vibrant culinary scene.

Highlights

  • Turnkey restaurant and bar for sale at 101 First Street, Kennett, MO 63857.
  • 3,000 sq ft building on a 0.06-acre lot (26' x 111'), built in 1900.
  • Asking price: $330,000, includes building and established business (Downtown Bistro).
  • Highly profitable business with owner assistance for transition.
  • Purchase options: Buy the entire package or lease-to-own the building.
  • New roof installed May 2024.

Property Details for 101 1St St

Property type
Retail properties, Bars
Square Feet
3,000 SF
Year Built
1900
Lot Size (sq. ft)
2,614 SF

Location Insight

City
Kennett
County
Dunklin
State
Missouri
Latitude
36.2364005
Longitude
-90.0566769

FAQs

What type of property is this?
Retail property - Turnkey Restaurant, Established Business, High Profits
Where is the retail property located?
The property is located at 101 1St St Kennett, MO.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Turnkey restaurant and bar for sale at 101 First Street, Kennett, MO 63857.; 3,000 sq ft building on a 0.06-acre lot (26' x 111'), built in 1900.; Asking price: $330,000, includes building and established business (Downtown Bistro).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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101 1St St
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