6162 US Highway 160 - Restaurant FOR SALE


Theodosia, MO 65761
$450,000 USD
417-612-0227
6162 US Highway 160, Theodosia, MO for Sale
$450,000 USD
Restaurant - FOR SALE
1/23
null | 10% Cap Rate

6162 US Highway 160
Theodosia, MO 65761


HIGHLIGHTS

  • Flexible, Owner-Operator Income Opportunity: Generated ~$224K in revenue in 2024 while operating on a limited (~20 hrs/week), family-run schedule. Off
  • Mixed-Use Property with Multiple Income Streams: Includes a fully equipped restaurant, attached retail/commercial space, and a 3-bedroom residential h
  • Clear Value-Add Through Operational Expansion: Limited historical hours provide a straightforward path to increase revenue through expanded days/hours
  • Turnkey, Owner-Operator Ready: Fully equipped and operational with an established customer base, allowing for immediate continuation or repositioning

OVERVIEW

Cody’s is a unique mixed-use property located along US-160 near Bull Shoals Lake, combining a fully equipped restaurant, attached retail/commercial space, and a 3-bedroom home on approximately 3.3 acres with strong daily traffic exposure. This is best suited for an owner-operator or lifestyle buyer looking for a flexible, income-producing property with upside. Operations have historically been limited—averaging around 20 hours per week—and supported by multiple family members rather than a fully staffed model. For a new owner, this creates a clear opportunity to increase revenue through expanded hours, consistent staffing, and more structured operations. Based on a normalized expense structure, the business may support approximately $40K–$50K in passive income, with higher earning potential for an owner-operator who takes a more hands-on role. The property includes: -Fully equipped restaurant with an established customer base -Attached retail/commercial space with additional income potential -3-bedroom, 2-bath home suitable for owner occupancy or rental -Approximately 50 parking spaces and strong highway visibility (1,000–5,000 vehicles daily) Located just minutes from Bull Shoals Lake, the property benefits from both seasonal tourism and steady local traffic. With its mix of income streams, land, and flexible layout, Cody’s offers multiple paths forward—from continuing current operations to expanding into retail, lodging, or other lake-oriented uses.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cody's Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.3 AC

LAND SF

143,748 SF

ZONING

Commercial

APN/PARCEL ID

18-0.6-13-004-026-002.000

ASK ABOUT THIS PROPERTY

Nicole PettyjohnKeller Williams Realty Greater SpringfieldMore Info
417-612-0227

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Nicole PettyjohnKeller Williams Realty Greater SpringfieldMore Info
417-612-0227

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