1703 Oak St, Canton, MO 63435-1596
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.
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Saints Avenue Cafe Restaurant Buffet
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.