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103 N Allen St - Turn Key Restaurant 103 N Allen St 3,400 SF Retail Building Centralia, MO 65240 $295,000 ($86.76/SF)
INVESTMENT HIGHLIGHTS
- Recent upgrades include Americooler freezer, Larkin hood system, Cook Rite equipment, and expanded walk-in cooler.
- Fully renovated restaurant space featuring a high-capacity commercial kitchen.
- Security system with video surveillance already installed for peace of mind.
- Income-producing 2-bedroom apartment above the restaurant with modern finishes.
EXECUTIVE SUMMARY
A rare opportunity to own a turn-key commercial property on the main downtown corridor, steeped in local history and primed for immediate operation. Formerly home to the much-loved Allen Street Social, this fully renovated restaurant space blends proven location appeal with extensive recent upgrades—allowing a new owner to step in with confidence from day one. The main level features a fully equipped commercial kitchen with significant recent improvements, including an Americooler freezer, regularly maintained Larkin hood system, a third fryer, new Cook Rite equipment, added walk-in cooler and warmer, and a replaced sink—creating an efficient, high-capacity back-of-house setup. The fully equipped bar anchors the space, while the thoughtfully added side patio—complete with tables,
chairs, pergola, and TVoffers an inviting outdoor atmosphere ideal for game days and casual gatherings.
Additional value is found in the vacant parcel next door, included with the property, providing flexibility for expansion, additional outdoor seating, or future development. A security system with video cameras is already in place. A pool table and TouchTunes jukebox are currently leased through an outside vendor and may either remain in place or be easily returned, depending on the buyer's preference.
Above the restaurant, the property includes a spacious 2-bedroom, 1-bath apartment, offering excellent supplemental income or owner-occupant potential. The unit features a large kitchen with island, walk-in closets, washer/dryer hookups, and additional storage.
With its prime downtown visibility, extensive renovations, income-producing residential unit, and expansion potential, this property presents an exceptional opportunity for restaurateurs, investors, or entrepreneurs seeking a landmark location with built-in character and modern infrastructure.
chairs, pergola, and TVoffers an inviting outdoor atmosphere ideal for game days and casual gatherings.
Additional value is found in the vacant parcel next door, included with the property, providing flexibility for expansion, additional outdoor seating, or future development. A security system with video cameras is already in place. A pool table and TouchTunes jukebox are currently leased through an outside vendor and may either remain in place or be easily returned, depending on the buyer's preference.
Above the restaurant, the property includes a spacious 2-bedroom, 1-bath apartment, offering excellent supplemental income or owner-occupant potential. The unit features a large kitchen with island, walk-in closets, washer/dryer hookups, and additional storage.
With its prime downtown visibility, extensive renovations, income-producing residential unit, and expansion potential, this property presents an exceptional opportunity for restaurateurs, investors, or entrepreneurs seeking a landmark location with built-in character and modern infrastructure.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Building Size
3,400 SF
Year Built
1950
Price
$295,000
Price Per SF
$86.76
Building Height
2 Stories
PROPERTY TAXES
| Parcel Number | 04-219-00-01-160-01-01 | Total Assessment | $23,040 |
| Land Assessment | $2,336 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $20,704 | Tax Year | 2025 Payable 2025 |
PROPERTY TAXES
Parcel Number
04-219-00-01-160-01-01
Land Assessment
$2,336
Improvements Assessment
$20,704
Total Assessment
$23,040
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025 Payable 2025
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103 N Allen St - Turn Key Restaurant | 103 N Allen St
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