103 N Allen St - Retail FOR SALE


Centralia, MO 65240
$295,000 USD
573-525-0744
103 N Allen St, Centralia, MO for Sale
$295,000 USD
Retail - FOR SALE
1/55
null | Request Cap Rate

103 N Allen St
Centralia, MO 65240


HIGHLIGHTS

  • Recent upgrades include Americooler freezer, Larkin hood system, Cook Rite equipment, and expanded walk-in cooler.
  • Security system with video surveillance already installed for peace of mind.
  • Fully renovated restaurant space featuring a high-capacity commercial kitchen.
  • Income-producing 2-bedroom apartment above the restaurant with modern finishes.

OVERVIEW

A rare opportunity to own a turn-key commercial property on the main downtown corridor, steeped in local history and primed for immediate operation. Formerly home to the much-loved Allen Street Social, this fully renovated restaurant space blends proven location appeal with extensive recent upgrades—allowing a new owner to step in with confidence from day one. The main level features a fully equipped commercial kitchen with significant recent improvements, including an Americooler freezer, regularly maintained Larkin hood system, a third fryer, new Cook Rite equipment, added walk-in cooler and warmer, and a replaced sink—creating an efficient, high-capacity back-of-house setup. The fully equipped bar anchors the space, while the thoughtfully added side patio—complete with tables, chairs, pergola, and TVoffers an inviting outdoor atmosphere ideal for game days and casual gatherings. Additional value is found in the vacant parcel next door, included with the property, providing flexibility for expansion, additional outdoor seating, or future development. A security system with video cameras is already in place. A pool table and TouchTunes jukebox are currently leased through an outside vendor and may either remain in place or be easily returned, depending on the buyer's preference. Above the restaurant, the property includes a spacious 2-bedroom, 1-bath apartment, offering excellent supplemental income or owner-occupant potential. The unit features a large kitchen with island, walk-in closets, washer/dryer hookups, and additional storage. With its prime downtown visibility, extensive renovations, income-producing residential unit, and expansion potential, this property presents an exceptional opportunity for restaurateurs, investors, or entrepreneurs seeking a landmark location with built-in character and modern infrastructure.

FOR SALE DETAILS

PRICE

$295,000 USD

PRICE/SF

$87 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

103 N Allen St - Turn Key Restaurant

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

04-219-00-01-160-01-01

ASK ABOUT THIS PROPERTY

Lauren BaxterWeichert, Realtors - House of BrokersMore Info
573-525-0744

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Lauren BaxterWeichert, Realtors - House of BrokersMore Info
573-525-0744

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.