Address
98 Kingshighway, Sikeston, MO
Price
$ 749,900
Property Attributes
  • MLS#23055080
  • TypeCommercial
  • CountySCOTT
  • CitySikeston
  • AreaSoutheast Missouri
  • NeighborhoodSikes 1st Addition
  • Zip63801
  • StylePlace of Worship,Restaurant,Meeting Hall,Motel/Hot
  • Year Built1920
  • Taxes$ 1018
  • Price$ 749,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage23450
  • Lot Size0.54 Acres
Data Source:
Mid America Regional Information Systems (MARIS)
Property Description

This is an outstanding business opportunity! Jeremiah's has a 35+ history of providing outstanding food and service to the Sikeston area. This is a profitable, successful business with value-added opportunity for the right buyer. Patrons can dine inside or outside on the covered rear patio/beer garden. The owner has decided to pursue other opportunities but will stay for a transition period to ensure success continues. Sale includes the business and real estate. The building has 3 open suites available to be leased for additional income or expansion of the restaurant. Upstairs is the home of the former Del Ray Hotel, consisting of 52 rooms, which could be remodeled into offices and/or professional services. Prospective buyers must be pre-qualified.

Price History
9/12/2023 Listed $925,000
10/25/2023 9% - $849,900
5/31/2024 12% - $749,900

General Features

Sewer Public Sewer
Heating Forced Air
Cooling Electric
Utilities Cable Available,Electricity Available,Gas to Site,Water Available,Sewer Available,Phone Available
Possession Close Of Escrow
Zoning Commercial
Construction Materials Conventional
Year Built 1920
Electric 220 Volts
Township Sikeston
Property SubType Commercial & Indr.
Tax Year 2022
Current Use Two Stories,Freestanding,Restaurant,Retail Strip Center,Store Front,Office,Retail
County Scott
Property Type Commercial Sale
Attached Garage No
Subdivision Name Sikes 1st Addition
Possible Use Place of Worship,Restaurant,Meeting Hall,Motel/Hotel,Office,Office Showroom,Personal Service,Professional Service
City Sikeston
Disclosures Unknown,Sellers Discl. Avail
MLS Area Southeast Missouri
Lot Size Square Feet 23522
Tax Annual Amount 1018
Days on Market 262
Standard Status Active

Interior Features

Heating Y/N Yes
Above Grade Finished Area 23450
Above Grade Finished Area Source Appraiser

Exterior Features

Parking Features Other
Water Source Public
Inclusions Building & Business,Some Equipment,Some Fixtures,Some Inventory
Lot Dimensions 106 x 257
Lot Size Acres 0.54
Lot Size Source County Records
Road Frontage Type City Street

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 63801

Price
AVG $320K
$750K
Taxes
AVG $1,798
$1,018
Visits
AVG 55
78
Data Provided by Inside Real Estate®
Year Built
AVG 1969
1920
Walkscore
AVG 28
66
Data Provided by Walkscore® not using MLS data

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