103 N Allen St,CENTRALIA, MO 65240
CENTRALIA, MO 65240
Description
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 upgradesallowing 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 sinkcreating an efficient, high-capacity back-of-house setup. The fully equipped bar anchors the space, while the thoughtfully added side patiocomplete 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.
Details
| MLS # | 431553 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Days On Site | 229 |
| Listing Provided By | Weichert, Realtors - House of Brokers | Shannon Drewing |
Features
| Story(s) | 2 |
|---|---|
| Zoning | C-2 Central Business District* |
| Acreage | 0.07 |
Interior
| Heating | Natural Gas, Forced Air |
|---|---|
| Heating Yes / No | Yes |
| Cooling | Cooling:HVAC |
| Cooling Yes / No | Yes |
Exterior
| Roof | Flat, Asphalt |
|---|---|
| Foundation Details | Poured Concrete, Slab |
Parking
| Parking Features | Street Parking |
|---|
Utilities
| Electric | 220 Volts |
|---|
Taxes
| Tax Annual Amount | 1828.42 |
|---|---|
| Tax Legal Description | 103 and 105 North Allen Street. North half of Lot 11 and South half of Lot 12 Centralia Old Town Block 22 |
| Tax Year | 2025 |
Area Information
| State | MO |
|---|---|
| County | Boone |
| City | CENTRALIA |
| Zip Code | 65240 |
| Area | Boone |
| Listing VS Median (in 65240) | |
Price: $295,000 low | high Med: $340,000 On site: 229 low | high Med: 14 | |
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Learn More About This Property
| State | MO |
|---|---|
| County | Boone |
| City | CENTRALIA |
| Zip Code | 65240 |
| Area | Boone |
| Listing VS Median (in 65240) | |
Price: $295,000 low | high Med: $340,000 On site: 229 low | high Med: 14 | |
Listings courtesy of Maris MLS as distributed by MLS GRID.
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