Cape Girardeau Area and Southeast Missouri Commercial Real Estate...

CHINA TOWN BUFFET BUYS FORMER PAGODA PROPERTY 

329 S. Kingshighway, Cape Girardeau, Missouri

China Town Buffet plans to eventually move a block south of their present location according to Tom Kelsey, commercial broker with Lorimont Place, Ltd.  Kelsey said his company recently brokered the sale of the former Pagoda Gardens property at 329 S. Kingshighway to Jerry Feng, owner of China Town Grill Buffet, currently operating at 213 S. Kingshighway.   The former Pagoda restaurant operated at the location since 1987 and closed in 2014 when the owner Sam Prasanphanich retired from the restaurant business after 30 years.  Ironically, Pagoda was the first restaurant in the Southeast Missouri area to offer a Chinese buffet.  Feng and his family will carry on the Chinese buffet concept at their new location.  They have operated for many years at their present leased location in the shopping center anchored by Hobby Lobby.  A popular Cape Girardeau affordable dining venue, China Town presently offers a large selection of authentic Chinese cuisine also incorporating some American traditional foods.  The Lorimont broker understands the new buyers will make significant renovations both inside and out at the former restaurant building and this most likely will involve several months of construction before they relocate and begin operations there.  No sales price was disclosed, but the Lorimont Place website lists the property price at $619,900.

 
© 2008 Lorimont Place, Ltd.    276 S. Mount Auburn Road    Cape Girardeau, MO 63703    Phone: 573-334-5200    Fax: 573-332-7979