So for this week, I thought I'd step back to mid-February when Bob and I took a road trip to Sullivan MO to have our taxes done. The place I'm about to show you has been on the market for two or three years at least. I look at this place and see so much potential.
The restaurant was built by a couple who won the lottery. They thought it would be a good investment for their son (possibly grandson - I'm unclear on that point) to run. From what I understand he ran the restaurant for about two years before walking away.
This little guy proudly stands guard:
Sadly, all of the kitchen appliances have been removed, depreciating the value of the property. When I look at the property I see convention centers, special events such as conferences or retreats. There is a living area upstairs.
The opening allows plenty of private parking
I think the $264,900 is a hefty price for what they've left you to work with. Bob and I discussed and wouldn't go above $186,000... if we were in the market.
The restaurant sits NE of Houston MO on road that has nothing more than local traffic, pass-through. Would be better marketable as a restaurant if it were along an interstate or closer to town. This is strictly a special events kind of venue... or to total remodel as your very own castle home.
You can see interior pictures by checking out the Stagecoach Realty website.