Improved Mixed-Use Land for Sale in Theodosia, Missouri

How would you like to own a business that generates over $100,000 in bottom-line profit & has a 26.17% cap rate?!Seller willing to owner finance. Call for details.Cody's is a fully turnkey, established, and profitable restaurant located on Hwy 160, just minutes from the Bull Shoals Lake public boat launch--a destination for boating, fishing, golf, and lake recreation. The property sits on 3.3 acres with over 5,000 square feet of retail space, a large parking lot, and even includes a 3-bedroom, 2-bath rustic house that could be a private home, nightly rental, or fishing lodge!The owners have decided to focus on family priorities. For this reason, they are selling Cody's, which generated an impressive $117,762 bottom-line profit in 2024!This rare property features a turnkey restaurant, including a full commercial kitchen, plus a separate retail/commercial space attached to the restaurant--perfect for a shop, antique mall, or other high-traffic business venture. Cody's has proven profitability even with limited hours and benefits from year-round traffic: booming lake season visitors in spring and summer, plus loyal locals and travelers passing through on Hwy 160 throughout the year.The possibilities are virtually limitless: continue operating the restaurant, develop the retail space, or explore ventures such as a bait shop with fishing guide service, antique store, flea market, fishing lodge, boat sales, RV sites, storage facility, car lot, lawn ornament sales, or storage facility.Located in the vibrant Theodosia area near Bull Shoals Lake, this is more than a business--it's a lifestyle. With lakeside attractions, boating tournaments, fishing, golf, and scenic getaways, Cody's is a turnkey opportunity to own a versatile, income-producing business in a prime destination.Own the business. Live the lifestyle. Make it your own.