1703 Oak St Canton, MO 63435-1596

Property Details for 1703 Oak St

Year built

2010

Lot size

1.30 lot acres

Property size

4,224 SF

Property type

Turn key restaurants

APN

21-21-01449.00

APU

21210144900

Description

This exceptional 4,224-square-foot restaurant facility presents a unique investment opportunity in Canton, Missouri. Built in 2010, this well-established buffet restaurant boasts a prime location just off US Highway 61, experiencing high daily traffic exceeding 7,500 vehicles. Its striking bright blue metal roof ensures high visibility and easy recognition. The property's strategic location, adjacent to a gas station, Steak n' Shake, a hotel, and a bank, and near a shopping strip including Subway, Dollar General, and a regional grocery store, guarantees a steady flow of potential customers. Serving a substantial population of approximately 30,000 residents within a 15-mile radius, and only 15 minutes from Quincy, Illinois, this restaurant enjoys a wide customer base. The interior comfortably seats 150-170 guests and includes a versatile banquet room, consistently generating significant revenue through 3-4 large catering events annually. The 1.86-acre lot offers ample space for future expansion or development. The current lessees are prepared for a smooth transition, potentially offering a negotiated transfer period to facilitate a seamless ownership change. This property is adaptable, suitable for continuing the existing successful buffet operation or repurposing for alternative uses such as retail or a dollar store.

Location Insight

City

Canton

County

Lewis

State

Missouri

Longitude

-91.5393

Latitude

40.1226

CBSA code

39500

CBSA name

QUINCY, IL-MO MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments