Retail•Restaurant•For Sale or Lease

Restaurant Sports Bar

5800 Gravois Ave, Saint Louis, Missouri 63116

Sale Price $980,000
Lease Rate $6.00 /SqFt NNN
Sale Type Business for Sale
Zoning F - Neighborhood Commercial
Bldg Type Single Tenant
Status Existing
Year Renovated 2017
Stories 2
Cap Rate 9.69%
Vacancy 100%
Gross Bldg 11,361 SqFt
Land Area .43 Acres
Improvements Corner lot at the intersection of Gravois Ave and Dresden Ave. Two-story building with restaurant on main floor, completed lower-level (basement), and renovated upper level.
Net Op Inc $95,000
MLS# 19006650
Legal Descr C.B. 6063 A-B GRAVOIS AVE 0.43 ACRES MUELLER PL CONSOLID PLT LTS 21-23 LOT 5800
Excellent opportunity to own a turn-key established restaurant and sports bar. This amazing $1M stunning renovation of a well -known St. Louis favorite restaurant features a completely updated interior boasting plenty of space for dining and bar patrons alike. Two beautiful restrooms, a state-of-the-art commercial kitchen, plenty of dry and cold storage, staff restroom and second story office space. The lower level offers additional space for inventory, along with more dry and cold storage. The restaurant sits prominently on a corner lot and cannot be missed- great visibility! The forty space parking lot plus available street parking offers more than adequate parking for staff and patrons. The sale includes the real estate, the operating business, and all FF&E and available inventory. If you had a dream of owning a restaurant and a sports bar, then this is truly an opportunity that cannot be passed up! 5-yr NNN w/ Option to Buy Located on the Southwest corner of Gravois Ave and Dresden Ave. in the Princeton Heights-Bevo-Dutchtown area.
  • • $1M in renovations & remodeling
  • • Turnkey: Includes all FF&E and inventory- operational on Day One!
  • • Full commercial kitchen
  • • Historic location and great community support
  • • Price includes real estate and operating business

1 Spaces

Restaurant
11,361 SqFt
$6.00 NNN
8/6/2019 9:50:24 AM 8/6/2019 9:50:24 AM
Jeff Kalil
Vice President Commercial Sales & Leases; Business Broker
St. Louis SW

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