Discover a rare investment opportunity in the heart of Advance, Missouri. This versatile 4,800 sq. ft. commercial building sits on 4 acres & offers multiple income streams, excellent visibility, & flexible space suited for a variety of business uses.
Former V.F.W. hall & most recently Don Carlos Mexican Restaurant – built for high-capacity gatherings & food service.
Expansive dining hall ideal for events, retail, restaurant, or conversion to office or industrial use.
Bar & kitchen with a dedicated prep area.
Public restrooms already in place.
20 fully rented storage units included on the property, providing immediate, stable monthly income.
1-bedroom lower-level apartment, currently vacant—another built-in revenue source.
4-acre lot provides room for expansion, parking, or additional development options.
This unique property offers both business potential and steady passive income. A standout opportunity in Advance, MO for investors or owner-operators looking for flexibility & built-in returns
Property Features
Utilities
Electricity Available
Electricity Connected
Natural Gas Available
Natural Gas Connected
Phone Available
Water Available
Water Connected
Cooling Information
Ceiling Fan(s)
Central Air
Heating Information
Forced Air
Water Features
Public
Listing Courtesy: EDGE Realty ERA Powered - 573-335-8111
Presented by: William Penrod
Based on information submitted to the MLS GRID as of 2026-08-17 10:10:23 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Mid America Regional Information Systems.