Susan Reeves Century 21 Community Logo

103 N ALLEN ST, CENTRALIA, MO 65240 (MLS# 431553)

103 N ALLEN ST, CENTRALIA, MO 65240

New Listing
$295,000
Property Type: Commercial/Indust. Status: Active
Current Price: $295,000 List Date: 1/10/2026 Last Modified: 1/12/2026

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 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,

Supplements: 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.

More Information MLS# 431553

General Property Description

Building Status: Existing Sq Ft Source: County Records Age Description: More than 51 Yrs Includes:: Real Estate Only Lot Size Dimensions: 25.00x120.00X2.00 # Stories: 2 Type: Retail

Location Tax & Legal

Location: Other Cross Street: W Singleton St. Zoning: Commercial Actual Taxes $: 1828.42 Tax Yr: 2025 Legal Description: 103 and 105 North Allen Street. North half of Lot 11 and South half of Lot 12 Centralia Old Town Block 22 Auction: No

Remarks & Misc

Directions: US63 North to Right on Route B Exit, to Right on Singleton St, to Left on Allen St. Property is on the Left.

Licensee Per/Int Dis

Not Applicable: 1

Property Disclosure

Property Disclosure To Be Provided: Yes

Business Type

Restaurant: 1

Cooling

Cooling:HVAC: 1

Equipment

Phone Systems: 1 Range: 1 Refrigeration: 1 Refrigerator: 1 Security System: 1 Smoke Detector(s): 1 Water Heater: 1

Electric/Lighting

220 Volt: 1 Electric-City: 1 Fluorescent: 1 Util./Separate Meter: 1

Exterior Finish

Brick: 1 Metal: 1

Floors

Carpeting: 1 Concrete Slab: 1 Tile: 1 Wood: 1

Foundation

Concrete: 1 Slab: 1

Possession

At Closing: 1

Heating

Forced Air: 1 Natural Gas: 1

Info Available

Aerial: 1 License Included: 1 Profit/Loss Statmnt: 1

Road Frontage

City: 1

Location

Downtown Area: 1

Parking

Street Parking: 1

Roof

Flat Asphalt: 1

Will Sell

Cash: 1 Conventional: 1

Sale Includes

Fee Simple: 1

Zoning

C-2 Central Business District*: 1

Walls

Dry Wall: 1

Water/Sewer

Sewer-Public: 1 Water-Public: 1

Internet Type

Fiber Optic: 1 Wireless: 1

Contract Information

Current Price: $295,000 List Date: 2026-01-09 List Price: $295,000

Location, Tax & Legal

Street No #: 103 Street Direction: N Street: ALLEN Street Suffix: ST County: Boone State/Province: MO Zip Code: 65240 Mapping ID #: 0421900011600101

Status Change Info

Status: Active Status Change Date: 2026-01-09

Property Features

Business Type: Restaurant Cooling: Cooling:HVAC Exterior Finish: Brick; Metal Equipment: Phone Systems; Range; Refrigeration; Refrigerator; Security System; Smoke Detector(s); Water Heater Floors: Carpeting; Concrete Slab; Tile; Wood Foundation: Concrete; Slab Heating: Forced Air; Natural Gas Info Available: Aerial; License Included; Profit/Loss Statmnt Location: Downtown Area Parking: Street Parking Possession: At Closing Roof: Flat Asphalt Sale Includes: Fee Simple Walls: Dry Wall Will Sell: Cash; Conventional Zoning: C-2 Central Business District* Internet Type: Fiber Optic; Wireless
Listing Office: Weichert, Realtors - House of Brokers
Listing Agent: Shannon Drewing
Co Listing Agent: Jackie Bulgin
Last Updated: January - 12 - 2026
Information deemed reliable but not guaranteed.

Susan Reeves Team with Century 21 Community in Columbia MO - Seal Registered White Logo
Contact

Susan Reeves Team
CENTURY 21 COMMUNITY
111 E Broadway
Columbia, MO 65203

Our Mission

Expert Strategy for Your Big Life Moves. 

Serving Columbia, Missouri and nearby communities — including Ashland, Centralia, Hallsville, and Boonville — the Susan Reeves Team with Century 21 Community provides expert real estate strategy and trusted guidance for buyers and sellers across Mid-Missouri.

@2025 Susan Reeves PC. All rights reserved.

CENTURY 21®, the CENTURY 21 Logo and C21® are service marks owned by Century 21 Real Estate LLC. Century 21 Real Estate LLC fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Listing information is deemed reliable but not guaranteed accurate.