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    504 W Main St Steelville, MO 65565

    For Sale
    $685,000

    Retail - Steelville, MO

    Type:Retail
    Property size:
    2,040 SF
    Lot size:
    0.35 Acres
    Days on Market:
    70
    Last Refresh:
    Dec 14 at 8:06 pm

    Property Features for 504 W Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    APN
    11-8.0-33-4-13-001.000
    Parking features
    Paved or Surfaced
    Size
    2,040 SF
    Lot size
    0.35 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1960
    Architectural style
    Other

    Keller Williams Realty Chesterfield (636) 578-4577 [email protected]

    Listing agent Kelly Johnston (636) 534-8100 License #2013027356

    Listing date Oct 6, 2025

    MLS# 25022734 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant Business and Building

    This is a turnkey, successful business and building for sale. Founded in 1964, the Dairy Isle & Grill is a local landmark in Steelville, Missouri. Known for burgers and ice cream, this seasonal quick-service restaurant operates from March to October with predictable sales. The property includes a standalone building with 3 walk-up service windows, covered outdoor seating, a detached small office building, and space that previously housed indoor dining, ready to reopen. Renovated in 2013 and 2022, it maintains its rooftop ice cream cone. Named “Business of the Year” in 2019 by the Steelville Chamber, it has loyal customers, great reviews, and strong community roots. The sale includes the property, equipment, two buildings, and the business. The property is located in a city, on a corner, with high traffic, in a rural area. The lot size is 0.3475 acres. The property size is 2040 square feet. It is located at 504 W Main Street, Steelville, MO 65565.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Century 21 Friends Real Estate Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Steelville
    County
    Iron
    State
    Missouri
    Longitude
    -91.359983
    Latitude
    37.966514

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    FAQs

    What type of property is this?
    Drive through restaurant - Successful restaurant with property, equipment, and business for sale.
    Where is this drive through restaurant located?
    The property is located at 504 W Main St Steelville, MO.
    What is the asking price?
    The asking price for this property is $685,000.
    What are key features of this property?
    This property features: - Turnkey, successful Dairy Isle & Grill with strong seasonal sales.; - Includes real estate: standalone building, outdoor seating, detached office, and space for indoor dining.; - Prime corner location in a high-traffic area.
    (636) 534-8100
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    504 W Main St Steelville, MO 65565
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