RESTAURANT FOR SALE IN REPUBLIC
250 Us Highway 60 E
Republic, MO 65738
Highlights
- SALE PRICE: $650,000
- ZONING: C-1 (Local Commercial)
- BUILDING SIZE: SF 2,352 SF
- CURRENT OCCUPANCY: 83
- FF&E: Negotiable
Description
Thank you for viewing this restaurant property for sale right along US 60 in Republic, MO. This restaurant has great visibility right up along the highway and over 22,000 vehicles per day. This area is seeing significant growth with new and expanding residential subdivisions nearby, the new OTC Republic campus, and a newly expanded Republic Parks & Aquatic Center all within 1 mile. The restaurant currently has occupancy for 83, a small bar, main dining room and additional private room for expanded dining or parties. Restaurant equipment and furnishings negotiable. Please do not disturb current operator.
This property is located in Republic Mo, on US-60. Neighboring businesses include Dairy Queen, Dollar General, TelComm Credit Union, Cardin's Carpet, Republic Driver's License Bureau, and many more local and national businesses.
Lee McLean, SIOR, CCIM serves as a Senior Advisor for SVN Commercial in the Springfield Missouri metro area. Lee holds the SIOR & CCIM designation, a Brokers-Associate real estate license and ranks in the top 3% of SVN International.
Republic's population was 18,750 based on the most recent 2020 census and has been experiencing significant growth for the area of late. Amazon opened a 1.3 million square foot facility in Republic in 2021 in addition to the new 230,000 SF Convoy of Hope distribution facility which opened that same year.
During this last two years, Republic opened the first Whataburger to enter Southwest Missouri in addition to Republic getting its first Andy's Frozen Custard and Popeye's. Culver's also opened in 2023.
* Republic outpaced Springfield 27% to 6% in population growth from 2010 to 2020 and outpaced Greene County which saw an
8.6% increase in the same span.
* Republic had an 18% year over year increase in sales tax revenue showing a surge in commercial sales activity.
* New Amazon distribution hub added up 1,800 new jobs.
* New Convoy of Hope World Headquarters distribution facility opened in 2021 in Republic and their 200,000 SF office
headquarters is opened in 2023.
* Republic voters recently approved a new regional athletic complex at a cost of $40 million to help make Republic a youth
sports travel destination.
