6162 US Highway 160 6,650 SF Retail Building Theodosia, MO 65761 $616,082 CAD ($92.64 CAD/SF) 10% Cap Rate

Cody’s is a unique mixed-use property located along US-160 near Bull Shoals Lake, combining a fully equipped restaurant, attached retail/commercial space, and a 3-bedroom home on approximately 3.3 acres with strong daily traffic exposure.
This is best suited for an owner-operator or lifestyle buyer looking for a flexible, income-producing property with upside.
Operations have historically been limited—averaging around 20 hours per week—and supported by multiple family members rather than a fully staffed model. For a new owner, this creates a clear opportunity to increase revenue through expanded hours, consistent staffing, and more structured operations.
Based on a normalized expense structure, the business may support approximately $40K–$50K in passive income, with higher earning potential for an owner-operator who takes a more hands-on role.
The property includes:
-Fully equipped restaurant with an established customer base
-Attached retail/commercial space with additional income potential
-3-bedroom, 2-bath home suitable for owner occupancy or rental
-Approximately 50 parking spaces and strong highway visibility (1,000–5,000 vehicles daily)
Located just minutes from Bull Shoals Lake, the property benefits from both seasonal tourism and steady local traffic. With its mix of income streams, land, and flexible layout, Cody’s offers multiple paths forward—from continuing current operations to expanding into retail, lodging, or other lake-oriented uses.