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Restaurant Building with Banquet Space
For Sale
$799,000

20 N Spanish Street, Cape Girardeau, MO 63701

Commercial Sale, Cape Girardeau, MO

Property Size7,396 SF
Lot Size0.17 Acres
Price / SF$108.03
Days on Market73

Property Features for 20 N Spanish Street

General Information

Property type Commercial Sale
Property subtype Retail
Subdivision Range Csandford Ellis
Standard status Active
APN 21-107-00-24-01100-0000
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4682

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1966
Floors in Building 1
Flooring type Concrete, Tile
Building materials Brick
Listing Agency: EDGE Realty ERA Powered
Listed By: Jacob Fish · License #2010013545
Added: Jun 24 Changed: Aug 19 Last Checked: Sep 4 at 9:06AM
MLS# 26005279

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located at 20 N Spanish Street in historic downtown Cape Girardeau, this 7,396-square-foot restaurant property offers a multi-area configuration for food and beverage operations. The interior includes a 60-seat banquet room, a 135-seat dining area, and a separate bar, complemented by a covered patio with seating for 25 guests.

A centrally positioned kitchen connects directly to both the banquet and dining areas, supporting an efficient service layout. The building can be separated into two units, providing flexibility for future occupancy arrangements. Built in 1966 with brick construction and I-beam support, the property features concrete and tile flooring, forced-air heating, central air, and public water.

Key Highlights

  • 7,396‑square‑foot restaurant building at 20 N Spanish Street in Cape Girardeau
  • Interior includes a 60‑seat banquet room and 135‑seat main dining area
  • Separate bar section plus a covered patio with seating for 25 guests

Property Analytics

Current Use

Urban Kitchen and Bar Restaurant

Suggested Use

Top Pick Dental Office Electrical Service Skin Care Clinic HVAC Service Pharmacy (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

897
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 62% Dining 20% Home Improvements & Furnishings 18%
Courtyard Cape Girardeau Downtown Hotels & Casinos
10,045 visits/mo 0.3 miles
SUBWAY Dining
3,185 visits/mo 0.5 miles
Big Sandy Superstore Home Improvements & Furnishings
2,915 visits/mo 0.1 miles

Demographics for 63701, MO

39,246
Population
17,834
Households
2.2
Avg Household Size
35
Median Age
39%
College-Educated
94%
High-School Grad
132.7 sq mi
ZIP Area
296
Density / Sq Mi
$67,904
Median Household Income
$32,655
Median Earnings
$863
Median Rent
$209,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Versatile restaurant layout includes dining, banquet, bar, kitchen, and covered patio areas in downtown Cape Girardeau.
Where is this conventional restaurant located?
The property is located at 20 N Spanish Street Cape Girardeau, MO.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 7,396‑square‑foot restaurant building at 20 N Spanish Street in Cape Girardeau; Interior includes a 60‑seat banquet room and 135‑seat main dining area; Separate bar section plus a covered patio with seating for 25 guests
More about this property
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