Property for Sale: 1703 Oak, Canton, MO 63435

$499,000
$499,000
1703 Oak, Canton, MO 63435
$499,000
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Price:
$499,000

Type Commercial
Year Built 2010

City Canton

MLS 12267771
Status Active
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.

Lot & Building Features

Cooling Central Air
Tax Year 2023
Lot Dimensions 120X133X126X37X126X266X307 ft

Price History of 1703 Oak, Canton, MO

Date Name Price Difference
12/31/1969 Listing Price $499,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Kim Patton
Direct: 773-445-4442
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by MR. LANDMAN, Jon Fisher
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6.75%
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1703 Oak (MLS #12267771) is a commercial listing located in Canton, MO. This property was listed on 01/09/2025 and has been priced for sale at $499,000.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: MR. LANDMAN