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113 East Main, Fredericktown, MO 63645

$275,000

  • For Sale
  • Active
  • Commercial
  • 4,485 Sq. Ft.
113 East Main, Fredericktown, MO 63645View this property at 113 East Main, Fredericktown, MO 63645
113 East MainFredericktownMO63645

Property Description

The Olympic Steakhouse (one block south of the County Court House) is known as one of the best steakhouses in the area! This property is full of charm, character, hospitality, and great food! This building and business are well-established, profitable and turn-key! This sale includes the 4400 sq ft, with a historically preserved dining room that is full of character, as well as a fully remodeled kitchen that includes the equipment and fixtures. You also get the possibility of a full residence upstairs, or, convert the living space into two (2) apartments for added income, bed and breakfast, and much more! If you're looking for your own business, this is the perfect opportunity for you to purchase a very profitable business. The owner
is retiring and willing to help someone else take over this excellent money maker! Financial statements available to qualified prospects only, (reason for -0- in all income and expenses).

Full Property Detailsfor 113 East Main

General

  • Price: $275,000
  • Taxes: $1,619 (2015)
  • Status: Active
  • Type: Commercial
  • MLS ID: 17061250
  • Updated: 12/28/2017
  • Added: 269 day(s) ago

Property History

  • 113 East Main, Fredericktown, MO
  • Reduced to $275,000 on 12/28/17
  • Listed at $375,000 on 7/31/17

Business

  • Name: Olympic Steakhouse

Parking

  • Parking: None

Location

  • Area: Fredericktown
  • County: Madison
  • Subdivision: N/A
  • Cross Streets: South Main
  • Driving Directions: Located one block from County Courthouse on East Main St.

Heating & Cooling

  • Cooling Type: Wall Unit(s), Electric Central Air Conditioning
  • Heating Type: Steam, Hot Water/Steam
  • Heating Fuel: Electric, Gas

Utilities

  • Sewer: Public
  • Water: Public
  • Utility Description: Electric, Gas, Water, Sewer

Structural Information

  • # Buildings: 1
  • Structure Type: 2 Stories, Apartment, Mixed Use, Restaurant, Store Front
  • Construction: Conventional
  • Exterior Const.: Wood
  • Roof: Other Roof Type
  • Square Feet: 4,485
  • Sq. Ft. Source: County Records
  • Current Bldg. Use: Other, Restaurant
  • Potential Bldg. Use: Church, Laundromat, Meeting Hall, Office/General, Personal Service, Professional Service, Residence, Servic

Unit Information

  • Unit Location: City

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,178
  • Lot Size Source: County Records
  • Frontage: City Street
  • Frontage Feet: 40
  • Lot Access: City Street
  • Zoning: Commercial

Financial Considerations

  • Price Per Sq. Ft.: $61
  • Operating Expenses: Electricity, Gas, Heat/Cooling, Maintenance, Property Insurance, Real Estate Tax, Water & Sewer
  • Tax Amount: $1,619
  • Tax Year: 2015
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: LOT:1 SEC:08 CITY/MUNI/TWP:FREDERICKTOWN SEC/TWN/RNG/MER:SEC 08 TWN 33 RNG 07 PT LT 1 SE SQUARE OLY
  • Inclusions: Building & Business, Some Equipment, Some Fixtures, Some Inventory
  • Disclosures/Reports: Sellers Discl Not Av
  • APN: 07-3.2-08-004-009-008.000

Listed by Mayfield Real Estate

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Schools

Schoolsserving 113 East Main

School District:Fredericktown R-I School District
School Name
Grades
Distance
Fredericktown Elementary School
419 Newberry, Fredericktown, MO 63645
PK-2
0.5 mi
Fredericktown Intermediate School
905 E Hwy 72, Fredericktown, MO 63645
3-5
1.3 mi
Fredericktown Middle School
501 Park Dr, Fredericktown, MO 63645
6-8
1 mi
Fredericktown High School
805 E Hwy 72, Fredericktown, MO 63645
9-12
0.9 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 113 East Main

Listed by Mayfield Real Estate

113 East Main, Fredericktown, MO 63645 (MLS# 17061250) is a Commercial property. 113 East Main is currently listed for $275,000 and was received on July 31, 2017. Want to learn more about 113 East Main? Do you have questions about finding other Commercial real estate for sale in Fredericktown? You can browse all Fredericktown real estate or contact a Coldwell Banker agent to request more information.