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Turn-Key Downtown Restaurant Property
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103 N Allen St, Centralia, MO 65240

Fully equipped restaurant with a commercial kitchen, bar, and side patio, plus an attached 2-bedroom apartment above.

Days on Market8

Property Features for 103 N Allen St

General Information

Standard status Active
Property subtype Retail

Additional Details

Commercial Hood Yes

Amenities

patio
security system
Listing Agency: The Heartland
Listed By: Norma Hooton · License #MO 2000156716
Source: Crexi
Added: Jul 23 Changed: Jul 28 Last Checked: Jul 29 at 12:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Heartland

Investment Insights

Based on property information with market context.

This fully renovated restaurant property includes a fully equipped commercial kitchen and bar, designed for immediate operation. Recent kitchen upgrades include an Ameri cooler freezer, a regularly maintained Larkin hood system, a third fryer, new Cook Rite equipment, added walk-in cooler and warmer, and a replaced sink. The bar anchors the main space, and a side patio adds outdoor seating with tables, chairs, a pergola, and a TV.

A security system with video cameras is in place. A pool table and Touch Tunes jukebox are currently leased through an outside vendor and may remain or be returned based on the buyer’s preference.

In addition to the restaurant, the property includes a spacious 2-bedroom, 1-bath apartment above with a large kitchen with island, walk-in closets, washer/dryer hookups, and additional storage. A vacant parcel next door is included, offering flexibility for expansion, additional outdoor seating, or future development.

Key Highlights

  • Fully equipped restaurant space with commercial kitchen, bar, and side patio with tables, chairs, pergola, and TV
  • Commercial kitchen includes Ameri cooler freezer, maintained Larkin hood system, third fryer, and added walk‑in cooler and warmer
  • Bar area is fully equipped, with a security system and video cameras already in place

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Dental Office Law Firm Restaurant

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

Lease Details

Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

196
Businesses Nearby
53k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 58% Shops & Services 42%
McDonald's Dining
17,936 visits/mo 0.3 miles
SONIC Drive In Dining
9,418 visits/mo 0.1 miles
Dollar General Shops & Services
8,738 visits/mo 0.3 miles
Casey's General Store Shops & Services
7,929 visits/mo 0.1 miles
Phillips 66 Shops & Services
2,675 visits/mo 0.4 miles

Demographics for 65240, MO

8,292
Population
3,903
Households
2.1
Avg Household Size
39
Median Age
35%
College-Educated
91%
High-School Grad
180.1 sq mi
ZIP Area
46
Density / Sq Mi
$67,687
Median Household Income
$40,680
Median Earnings
$712
Median Rent
$181,300
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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Fully equipped restaurant with a commercial kitchen, bar, and side patio, plus an attached 2-bedroom apartment above.
Where is this conventional restaurant located?
The property is located at 103 N Allen St Centralia, MO.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Fully equipped restaurant space with commercial kitchen, bar, and side patio with tables, chairs, pergola, and TV; Commercial kitchen includes Ameri cooler freezer, maintained Larkin hood system, third fryer, and added walk‑in cooler and warmer; Bar area is fully equipped, with a security system and video cameras already in place
More about this property
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