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Corner Conventional Restaurant Property
For Sale
$2,500,000

45 S Kingshighway, Cape Girardeau, MO 63703

Commercial Sale, Cape Girardeau, MO

Property SizeContact for details
Lot Size0.85 Acres
Days on Market35

Property Features for 45 S Kingshighway

General Information

Property type Commercial Sale
Property subtype Other
Parking features Open, Parking Lot
Security features Security System
Subdivision Cape Girardeau
Standard status Active
APN 20-308-00-08-00600-0000
Lot size 0.85 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 16117

Utilities

Utilities Cable Available
Heating system Forced Air, Natural Gas
Cooling system Electric, Central Air
Water source Public

Building Details

Year built 1976
Floors in Building 1
Building materials Concrete, Block
Listing Agency: Century 21 Ashland Realty · Century 21 Real Estate
Listed By: Michelle Quade
Added: Jul 22 Changed: Aug 24 Last Checked: Aug 25 at 2:06AM
MLS# 26045911

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.

This conventional restaurant property occupies a 0.85-acre site at 45 S Kingshighway in Cape Girardeau, Missouri. Built in 1976, the building uses concrete and block construction and is served by forced-air, natural-gas heat along with electric central air conditioning. Public water is available, and cable service is available at the property.

The site is positioned at a corner with highway and interstate frontage. Parking is provided through an open parking lot, supporting the restaurant use. The property is located in Cape Girardeau County, with a 63703 postal designation.

Key Highlights

  • 0.85‑acre restaurant property at 45 S Kingshighway
  • Corner location with highway and interstate frontage
  • Concrete and block construction; built in 1976

Property Analytics

Current Use

Watami Sushi & Hibachi ... Restaurant

Suggested Use

Top Pick Law Firm Pharmacy (Bike/Boat/Book/etc) Store Restaurant Computer & Electronic Repair Skin Care Clinic

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
Highway access

Location Intelligence

Trade Area within ½ mile

947
Businesses Nearby
457k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 32% Dining 31% Groceries 27% Apparel 4%
Hobby Lobby Shops & Services
56,739 visits/mo 0.1 miles
Schnucks Groceries
49,791 visits/mo 0.1 miles
Walmart Neighborhood Market Groceries
46,893 visits/mo 0.3 miles
Huck's Shops & Services
28,887 visits/mo 0.4 miles
Culver's Dining
28,406 visits/mo 0.4 miles

Demographics for 63703, MO

8,599
Population
4,182
Households
2.1
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
12.9 sq mi
ZIP Area
667
Density / Sq Mi
$36,909
Median Household Income
$28,121
Median Earnings
$843
Median Rent
$127,300
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant property with highway and interstate frontage, public water, and an on-site parking lot.
Where is this conventional restaurant located?
The property is located at 45 S Kingshighway Cape Girardeau, MO.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 0.85‑acre restaurant property at 45 S Kingshighway; Corner location with highway and interstate frontage; Concrete and block construction; built in 1976
More about this property
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