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Joy Wok 1975 W Broadway Blvd

4,902 SF Retail Building Sedalia, MO 65301 $685,000 ($140/SF) 7% Cap Rate

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Investment Highlights

Highway frontage

Executive Summary

Excellent restaurant possibilities with full bar and complete kitchen. Historically was the Around the Fireside for 30+ years, featuring a great menu of steaks, chicken, seafood etc. Also it had a full bar with a separate entrance from the restaurant. It has a 1800 sq. f.t unfinished basement with outside entrance as well. The basement used to be finished as a separate event dining room, with 2 bathrooms, mini bar and dumb waiter. The possibilities for this building are endless!
Currently leased for 5 years, $4,500 per month with 3% annual increases, 7% CAP rate

1975 W BROADWAY BLVD