102 N Kingshighway Active

Sikeston,MO 63801

$ 649999

- Bed

0 Bath

23450 SqFt


Key Details

Property Type Commercial

Sub Type Commercial & Indr.

Listing Status Active

Purchase Type For Sale

Square Footage 23,450 sqft

Price per Sqft $27

Subdivision Unknown

MLS Listing ID 24046721

Year Built 1920

Building Age 104

Lot Size 0.540 Acres

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!

Location

State MO

County Scott

Zoning C-2

Interior

Heating Forced Air

Cooling Electric

Exterior

Utilities Available Cable Available,Electricity Available,Gas to Site,Water Available,Sewer Available,Phone Available

Roof Type Flat

Building

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash Only,Conventional,Government

Listing Terms Cash Only,Conventional,Government

Special Listing Condition None

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