1703 Oak Street, Canton, MO 63435

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$459,000

bedrooms

bathrooms

square feet

4,224

Acreage

Open Houses

year built

2010

Full Baths

Half Baths

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This 4,224 square-foot restaurant facility in Canton, MO, built in 2010, offers a prime opportunity for prospective buyers seeking a well-established business in a high-traffic location. The facility, which has operated as a buffet since its inception, has successfully navigated the challenges of the COVID-19 pandemic and continues to serve as a popular dining destination. Situated just off U.S. Hwy 61 with over 7,500 vehicles per day passing by, the property benefits from its visibility and accessibility, drawing customers from the local area and beyond. The facility is easily recognizable with its striking bright blue metal roof, making it an eye-catching landmark. Adjacent to a gas station, Steak n' Shake, a hotel, and a bank, this location also enjoys close proximity to a shopping strip offering a Subway, Dollar General, and a regional grocery chain. With approximately 30,000 residents within a 15-mile radius, Canton is just 15 minutes from Quincy, IL, further expanding its customer base. The restaurant seats 150-170 guests and features a banquet room that has proven popular for large events and catering, generating substantial profits with 3-4 large catering events annually. The property includes 1.86 acres, providing ample space for additional development. The restaurant facility is ideal for those looking to take over an existing operation or potentially reposition the space for other uses, such as retail or a dollar store. The current lessees are ready to transition, and there may be an opportunity to negotiate a transfer period to assist with the ownership transition.

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Open houses

None scheduled.

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MLS number: 12267771

Listing agent: Jon Fisher #471020503

Listing broker: Mr Landman Llc (217) 202-0924

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Last update: Sunday, February 16 2025 at 12:38 p.m. EST

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