No Reserve - Former Restaurant & Train Station - Chillicothe, MO Auction

Real Estate

Location: Online Auction, Chillicothe, MO

37 Day Auction
10 a.m. Wednesday, February 15th, 2023
through Thursday, March 23rd, 2023
This unique commercial property, formerly a full-service restaurant and bar, offers endless possibilities for retail, restaurant and bar uses.
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1 Elm Street, Chillicothe, MO 64601

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)

Please visit the auctioneers website for more photos and full Terms and Conditions. 

No Reserve - Former Restaurant & Train Station - Chillicothe, MO Auction

Also Visit: Auctioneer's Website
Questions about this auction? Phone 877-781-1134 or email our office at Sold@CatesAuction.com.

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Cates Auction & Realty Co. Inc.

Sold@CatesAuction.com

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