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102 N Kingshighway

Sikeston, MO 63801
23,450 sqft
$649,999
Photo of 102 Kingshighway Sikeston MO 63801

Details

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!

Specs

Type Commercial
Square Footage 23,450 sqft
Lot Size 0.54 acres
Year Built 1920
Taxes Paid $992

Lots & Building Features

Cooling Electric
Heating Forced Air
Parking Description Asphalt
Sewer Public Sewer
Tax Year 2023
Water Public

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Financing

$
20%
0.15261561940865%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Area

City Sikeston
County Scott
Subdivision Unknown
Chris Cole, Lorimont L.C.