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20096532
20096539

712 W 20th St, Joplin, MO 64804

LG
MO MO 2006022522
Glenn Gibson Commercial Real Estate
Listed by Glenn Gibson Commercial Real Estate
$198,900
624 days on market
Updated 35 days ago

Fully Leased Restaurant Building

Details
Property Type Retail
Sub Type Restaurant
Square Footage 980
Net Rentable (SqFt) 980
Cap Rate 7.6%
NOI $15,120
Occupancy 100%
Tenancy Single
Lease Type Modified
Lease Term 1
Price per SqFt $203
Broker Co-Op Yes
Year Built 1920
Year Renovated 2023
Buildings 1
Stories 1
Acreage 0.330
Zoning C-1

High traffic restaurant location in Joplin, MO.

Marketing description

This fully remodeled restaurant for lease on 20th Street in Joplin, MO is fully leased to a Southern Seafood restaurant, opening early Summer 2025.

Turnkey Kitchen & Layout:

One of the standout features of this property is its nearly move-in-ready kitchen, which comes equipped with essential infrastructure to save time and costs associated with starting from scratch. Restaurateurs will appreciate the ease of setup, allowing you to focus on perfecting your menu and attracting customers, rather than spending valuable time on lengthy renovations.

The interior of the property is spacious and fully remodeled, providing a clean, modern aesthetic that can be tailored to suit any restaurant style or concept. The property layout is efficient for both back-of-house and front-of-house operations, enhancing the overall workflow and guest experience.

Outdoor Dining & Expansion Potential:

The property sits on a 0.33-acre lot, which includes a spacious yard—an ideal feature for outdoor dining. With ample room for a patio or additional seating, this space offers the perfect opportunity to enhance the dining experience, especially as the demand for outdoor dining continues to rise. The yard also presents future expansion possibilities, giving your business room to grow as needed.

Strategic Location for High Visibility:

Located on 20th Street, one of Joplin’s most trafficked roads, this property benefits from excellent visibility and accessibility. Whether it’s lunchtime rushes or evening dining, the consistent flow of potential customers makes this a prime location for businesses looking to maximize foot traffic and drive-by visibility. The property is easily accessible from surrounding neighborhoods, shopping centers, and other commercial hubs, making it a convenient choice for diners and other customers.

Zoning & Business Flexibility:

Zoned C-1 (Commercial), this property offers flexibility for a variety of uses beyond a restaurant. While it is perfectly suited for a dining establishment, it can also be adapted for other business purposes, such as cafes, bakeries, or retail shops. This versatility provides long-term opportunities to expand or repurpose the space as your business evolves.

Private Parking Lot:

In addition to its fantastic location, the property includes a private parking lot, a key feature that adds significant value. Parking convenience is a top priority for many customers, especially in high-traffic areas. The dedicated parking on-site ensures easy access and enhances the overall customer experience, giving your business a competitive edge over other locations in the area.

Call Luke Gibson 417-359-6868 for all the details.

Glenn Group 417-825-8213

www.glenngroupllc.com

Joplin Commercial Real Estate

Investment highlights

  • Location: Busy 20th Street, Joplin, MO

  • Lot Size: 0.33 Acres

  • Zoning: C-1 (Commercial)

  • Parking: Private parking lot for customers

  • Outdoor Potential: Spacious yard for patio or seating expansion

Listing Contacts

LG
MO MO 2006022522
Glenn Gibson Commercial Real Estate
Listed by Glenn Gibson Commercial Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$15,120.00
$1,260.00/mo

Valuation Metrics

0
DSCR
7.6%
Cap Rate
7.6%
ROI

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Additional Information

Name
Luke Gibson
License
MO 2006022522
Brokerage
Glenn Gibson Commercial Real Estate
Brokerage Phone
417-825-8213
Brokerage Address
2650 East 32nd Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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