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Versatile Commercial Space in Downtown
For Sale
$799,000

20 N Spanish Street, Cape Girardeau, MO 63701

7,396 SF commercial building with multiple dining areas.

Property Size7,396 SF
Price / SF$108.03
Days on Market221

Property Features for 20 N Spanish Street

General Information

Standard status Active
Size 7,396 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,682

Building Details

Year Built 1966
Buildings 1
Stories 1
Listing Agency: EDGE Realty ERA Powered
Listed By: Jacob Fish · License #2010013545
Source: Exit2newbeginningz
Added: Jan 30 Changed: Sep 8 Last Checked: Sep 8 at 8:06AM

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 EDGE Realty ERA Powered

Investment Insights

Based on property information with market context.

Located in historic downtown Cape Girardeau, the property at 20 North Spanish Street features a 7,396 square foot commercial building. The building is configured into three distinct areas: a banquet space with 60 seats, a main dining area with 135 seats, and a dedicated bar section. A covered outdoor patio provides additional seating for 25 guests. The property can be divided into two separate units. The kitchen is centrally located with direct access to both the main dining room and banquet area. Constructed with I-beam support, the building allows for flexibility in opening the floor plan to suit a variety of concepts.

Key Highlights

  • Prime location in the heart of historic downtown Cape Girardeau.
  • Versatile 7,396 sq ft commercial space configured for banquet (60 seats), dining (135 seats), and bar areas.
  • Potential for division into two separate units.

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 - 7,396 SF commercial building with multiple dining areas.
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: Prime location in the heart of historic downtown Cape Girardeau.; Versatile 7,396 sq ft commercial space configured for banquet (60 seats), dining (135 seats), and bar areas.; Potential for division into two separate units.
More about this property
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