15 Olive StAurora, MO 65605

For Sale
$485,000

Established Restaurant, Huge Potential

Overview

Added:
Feb 3
Days on market:
39
This exceptional 6,000 square foot property at 15 E Olive Street, Aurora, MO, presents a lucrative investment opportunity. Situated on a 0.23-acre lot in a high-traffic area, this fully operational restaurant, the Olive Grille, has thrived for over thirteen years, boasting a loyal clientele. The sale includes all equipment and inventory, as detailed in the attached list. The spacious layout features a large dining area, a substantial banquet room perfect for events, and a charming outdoor courtyard ideal for weddings or other functions. Adding to its appeal is a four-bedroom, two-bathroom apartment located upstairs, offering potential for owner occupancy or rental income. The current owners are offering a unique transition opportunity, providing training and support to the new owner, even allowing the retention of the established Olive Grille name and menu if desired. This turnkey business offers a rare chance to own a successful, established restaurant with significant upside potential. The asking price is $485,000. This is a remarkable chance to realize your entrepreneurial aspirations in a vibrant community. Don't miss this exceptional opportunity.

Property Details for 15 Olive St

Property type
Other commercial real estate
Square Feet
6,000 SF
Year Built
1900
Lot Size (sq. ft)
10,019 SF

Location Insight

City
Aurora
County
Lawrence
State
Missouri
Latitude
36.9755
Longitude
-93.7203
15 Olive St, Aurora, Missouri

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15 Olive St
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