Search
Restaurant Building with Commercial Kitchen
For Sale
$264,000

322 S Walnut, Steele, MO 63877

Commercial / Industrial, Steele, MO

Property Size4,619 SF
Lot Size0.50 Acres
Price / SF$57.16
Days on Market180

Property Features for 322 S Walnut

General Information

Property type Commercial Sale
Property subtype Other
Parking 15
Lot features Level
Directions Take highway 61 to Steele, and the building is on the left.
Subdivision MISSOURI (State of)
Standard status Active
Size 4,619 SF
Lot size 0.50 Acres

Taxes and HOA fees

Tax Description see warranty deed
Legal Description see warranty deed

Building Details

Year built 1950
Floors in Building 1
Flooring type Concrete, Vinyl
Listing Agency: IMAGE Realty
Listed By: Cindy Thomas · License #SA00077534
Added: Mar 7 Changed: Sep 2 Last Checked: Sep 3 at 5:06PM
MLS# 26008860

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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.

This 4,619-square-foot restaurant property includes a commercial kitchen, two bathrooms, and a layout associated with its prior restaurant use. New kitchen appliances are installed, while concrete and vinyl flooring provide durable interior finishes. The building was constructed in 1950 and sits on approximately 0.5 acres.

Located at 322 S Walnut in Steele, Missouri, the property offers an established commercial setting for a restaurant operation or another business use supported by the existing improvements. Its configuration combines dedicated food-service infrastructure with a substantial building footprint and on-site land area.

Key Highlights

  • 4,619‑square‑foot restaurant property on approximately 0.5 acres
  • Commercial kitchen equipped with new appliances
  • Two bathrooms included

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply Storage Facility (Bike/Boat/Book/etc) Store Computer & Electronic Repair Auto Parts Store Electrical Service

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

147
Businesses Nearby
Balanced
Demand for This Use

Demographics for 63877, MO

3,335
Population
1,573
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
88%
High-School Grad
148.1 sq mi
ZIP Area
23
Density / Sq Mi
$45,483
Median Household Income
$40,025
Median Earnings
$674
Median Rent
$151,100
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former restaurant space includes new kitchen appliances and two bathrooms.
Where is this conventional restaurant located?
The property is located at 322 S Walnut Steele, MO.
What is the asking price?
The asking price for this property is $264,000.
What are key features of this property?
This property features: 4,619‑square‑foot restaurant property on approximately 0.5 acres; Commercial kitchen equipped with new appliances; Two bathrooms included
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message