11029 Hopewell rd - Storefront FOR SALE


Hopewell, MO 63660
$1,000,000 USD
855-657-2255
11029 Hopewell rd, Hopewell, MO for Sale
$1,000,000 USD
Storefront - FOR SALE
1/80
null | 6% Cap Rate

11029 Hopewell rd
Hopewell, MO 63660


OVERVIEW

Welcome to Backwoods Bar and Grill! Established overlooking Hopewell Creek, this property is a true hidden gem. The bar & grill is about 4500 sf including a corner convenience store, vintage toy store, full bar, full kitchen, outdoor seating area, outdoor concert area, arcade room, pool room, dining area and so much more! The property also features a small-scale RV lot with two full hook up sites for additional income. (Two campers will be conveyed) Lastly, the property features a 2 bed/2 bath home and a 3bed/2bath modular home that could be used as a personal residence, or short/long-term rental. A separate living area could be finished to provide additional housing/income potential. Here is the real value: The property is being sold as-is, meaning that everything stays with the property. All coolers, all kitchen equipment, all bar equipment, all furniture, all arcade games, all signs/decorations, full vintage toy room and way more. The signs and arcade games alone hold a significant value. This property will be turnkey the day of closing. A full list of included items is attached in the "Property Documents" section. The business returns a healthy profit year after year and represents a 6 percent cap rate at the current asking price. Detailed financial records are available upon request. Seller will sell the Bar & Grill and campground by itself (without the residential homes) for an asking price of $750,000. 4,500 (estimated) sf building consisting of the following: - Convenience store - Commercial kitchen - Full bar - x2 concert stages - Outdoor seating area (overlooking Hopewell Creek) - Pool Room - Arcade - Vintage toy store Small-scale RV Park -x2 campers will be sold with the property -x2 full hookup sites Housing - 2 bed (potential for 3 bath) home - jacuzzi tub/shower combo - walkout deck with hot tub - Walkout basement - 3 bed/1bath modular home - pole barn/garage (vehicles/equipment are negotiable) Financial records are available upon request Bar & grill and campground can be purchased separately for $750,000. This property provides a wonderful opportunity to own a thriving business in beautiful Hopewell Missouri. For your opportunity to view the property or learn more, contact Broker- Alec Wardenburg.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$222 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Backwoods Bar & Grill

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.85 AC

LAND SF

124,146 SF

ZONING

C

APN/PARCEL ID

20-8.0-033-000-000-011.00000

ASK ABOUT THIS PROPERTY

Alec WardenburgNational Land RealtyMore Info
855-657-2255

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Alec WardenburgNational Land RealtyMore Info
855-657-2255

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.