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102 N Kingshighway

Sikeston, MO 63801
  • $649,999
  • STATUS: Active
  • ON SITE: 59 Days
  • MLS #: 24046721
UPDATED: 17 min ago
$649,999
  • 0
    BEDS
  • 0.54
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 23,450
    SQFT
  • $28
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Description

Located in downtown Sikeston, Missouri near retail shops, offices, and restaurants is Jeremiah's Restaurant & Lounge, a well-known, local Sikeston staple! This turn-key, profitable restaurant/bar first opened its doors back in the late 1980s. It has strong brand recognition and consistent revenues based on its reputation for consistently serving fantastic food and drink for nearly 35 years. It also has plenty of opportunity for growth! Sale includes business assets, FF&E, and real estate. The rest of the real estate includes three other retail/office suites on the ground floor for restaurant expansion or other business/rental income, a nice off-street parking lot, and a blank slate on the second floor, which previously housed the 52-room Del Ray Hotel but is in need of rehab. Don't miss your chance to capitalize on 35+ years of local and regional goodwill and make this Sikeston tradition your own!

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Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-09-20T23:39:31.56.

Keller Williams Success Realty: 815-444-6790
www.lewkepartners.com/homes/152894351
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102 N Kingshighway Sikeston, MO 63801

  • Price: $649,999
  • Status: Active
  • On Site: 59 Days
  • Updated: 17 min ago
  • MLS #: 24046721
0
Beds
0
Baths
0
½ Baths
0.54
Acres
23,450
SQFT
$28
$/SQFT
1920
Built
Neighborhood:
Unknown
County:
Scott
Property Description
Located in downtown Sikeston, Missouri near retail shops, offices, and restaurants is Jeremiah's Restaurant & Lounge, a well-known, local Sikeston staple! This turn-key, profitable restaurant/bar first opened its doors back in the late 1980s. It has strong brand recognition and consistent revenues based on its reputation for consistently serving fantastic food and drink for nearly 35 years. It also has plenty of opportunity for growth! Sale includes business assets, FF&E, and real estate. The rest of the real estate includes three other retail/office suites on the ground floor for restaurant expansion or other business/rental income, a nice off-street parking lot, and a blank slate on the second floor, which previously housed the 52-room Del Ray Hotel but is in need of rehab. Don't miss your chance to capitalize on 35+ years of local and regional goodwill and make this Sikeston tradition your own!
Exterior Features

Attached Garage YN No Lot Size Source County Records Parking Features Asphalt Road Frontage Type City Street Roof Flat Unit Location CityDowntown

Interior Features

Above Grade Finished Area Source Appraiser Cooling Electric Heating Forced Air Heating YN Yes

Property Features

Association Southeast Missouri REALTORS Business Name Jeremiah's Restaurant & Lounge Commercial Type Commercial LandHotel Land Current Financing Cash OnlyConventionalGovernment Current Use Two StoriesMixed UseRestaurantRetail Disclosures UnknownSellers Discl. Avail Electric 220 Volts Inclusions Land/Building & Bus Net Operating Income 0 Possible Use RestaurantMotel/HotelRetail Property Sub Type Commercial & Indr. Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 992 Tax Year 2023 Transaction Type Sale Utilities Cable AvailableElectricity AvailableGas to SiteWater AvailableSewer AvailablePhone Available Water Source Public Zoning C-2

Listing provided courtesy of Lorimont L.C.: 3345200. Listing information © 2024 Mid America Regional Information Systems, Inc.
Listing information © 2024 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2024-09-20T23:39:31.56.

Keller Williams Success Realty: 815-444-6790
 
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