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$295,000
10072080 MLS
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 Americold 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 TV—offers 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.

103 N Allen Street, Centralia

Courtesy of Weichert, Realtors - House of Brokers

Listing information is provided courtesy of the Broker Reciprocity/IDX of Bagnell Dam Association of REALTORS® and Lake of the Ozarks Board of REALTORS®, Inc. Multiple Listing Services. Copyright 2026 Multiple Listing Service, Inc. of Bagnell Dam Association of REALTORS® MLS, Inc. and Lake of the Ozarks Board of REALTORS® MLS, Inc. Information is being provided for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. 2026 Timberline Real Estate, Real Broker LLC