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Real Estate Auction - Cates Auction & Realty Co., Inc.

Real Estate Auction

Thursday, March 23rd, 2023 at 12:00 PM - Chillicothe, MO
- No Reserve | Former Restaurant & Train StationBid Now!

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INVESTMENT OVERVIEW Cates Auction & Realty Co. is pleased to present for auction 1 Elm Street in Chillicothe, MO. This unique commercial property, formerly a full-service restaurant and bar, offers endless possibilities for retail, restaurant and bar uses. The 1.06-acre site, zoned C-1, boasts a stunning 3,916 sq. ft. historic train station that has been expertly transformed into an attractive restaurant with a commercial kitchen, full-service bar and unique dining experience. Also included is an additional 4,460 sq. ft. commercial building that can be customized for a variety of desired uses. With easy highway access from US-36 and US-65 and a daily vehicle count of 17,409, this property provides great exposure for your business. This is an excellent turnkey opportunity for both an owner user or a value-add investor. Don’t miss your chance to own this versatile and one-of-a-kind property at a price you set! THE BUILDING Building Type: Freestanding Commercial Building Class: Class C Gross Building Area: 3,916 SF Year Built: 1920 Foundation: Concrete Construction: Brick Veneer Roof Type / Material: Hip Floors: Kitchen: 6x6 red ceramic tile Dining Area: Terrazzo Bar: Hardwood Walls: Brick & Plaster Ceiling: Plaster Lighting: Ceiling Fans & Chandelier Light Fixtures Restrooms: Two restrooms, Customer men's and women's with Terrazzo tile flooring HVAC: Central Electric Parcel ID: 11-01.00-01-2-30-08.00 2022 Taxes: $1,401.55 SITE CHARACTERISTICS Gross Land Area: 1.06 Acres or 46,714 SF Usable Land Area: 100.0% Zoning: C-1 General Commercial Shape: Rectangular Topography: Generally level Grade: Above street grade Utilities: Public water, sewer, trash, and electricity Interior or Corner: Corner Frontage (Linear Ft.): 75 Floor Area Ratio (FAR): 0.08 (based on GBA) Surface Parking: 40+ Public Parking Spaces (City Owned)

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