# 322 S Walnut, Steele, MO 63877

> **TL;DR:** commercial, $249,900 ($54/sqft), built 1950, 4,619 sqft. Est. $1,337/mo. Listed 192 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $249,900 |
| Price/sqft | $54 |
| Square Feet | 4,619 |
| Year Built | 1950 |
| Lot Size | 21,780 sqft (0.50 acres) |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 192 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,264 |
| Estimated Insurance | $73 |
| **Total** | **$1,337** |

## Property Highlights

- Built in 1950
- 0.50 acre lot
- 15 parking spaces

## Description

### Agent Description
Looking to open restaurant or expand your business? This commercial property is ready for its next success story. Previously operating as a restaurant, this property offers the perfect setup for food service or a variety of business opportunities. Prime commercial space established restaurant layout and great visibility for customers. Whether you're launching a new restaurant, cafe, catering business, or retail concept, this property provides the space and opportunity to make it happen. This isn't just a building-it's your business, your investment, your next big move. Features: 4600 sq ft restaurant space, commercial kitchen with new, high-grade appliances, 2 bathrooms, and priced UNDER APPRAISAL - instant equity opportunity! Opportunities like this don't last long. If you've been dreaming of opening a restaurant, catering hub, or investment property, this is it.

## Location

- **Address:** 322 S Walnut, Steele, MO 63877
- **County:** Pemiscot
- **Coordinates:** 36.081921, -89.832052
- **Google Maps:** https://www.google.com/maps?q=36.081921,-89.832052

## Listing Agent

- **Name:** Cindy Thomas
- **Brokerage:** IMAGE REALTY
- **Phone:** 8706232854
- **Broker Phone:** (870) 215-1511
- **Listing URL:** [View original listing](https://listings.listhub.net/pages/CARMLS/26008860/?channel=propsimple)

## Photos

![322 S Walnut - Photo 1](http://lh.rdcpix.com/69203203932f7e386b24883d6ae79f5bl-f3650853632r.jpg)

![322 S Walnut - Photo 2](http://lh.rdcpix.com/69203203932f7e386b24883d6ae79f5bl-f1508317499r.jpg)

---

**MLS#:** 26008860 | **Updated:** 2026-09-14
**Source:** listhub

*Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/322-s-walnut-steele-mo-63877-26008860)

---

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