PERRYVILLE PONDEROSA PROPERTY SOLD
1301 S. Perryville Blvd., Perryville, Missouri
Tom Kelsey, commercial broker with Lorimont
Place, Ltd. confirmed the sale of the Ponderosa Steak house
property located at the I-55 Perryville interchange. Kelsey said
it was his understanding the former steakhouse would be
converted into a Chinese buffet operation featuring a hibachi
grill and other amenities.
The Cape Girardeau based broker said the 7,900
square-foot high traffic and visibility restaurant located on
1.5 acres was sold to Kaizhi Enterprises, LLC based in Cape
owners presently own the China Wok, located at Broadway and West
End Blvd. in Cape and that restaurant would continue to be open.
The former Ponderosa franchise opened in 1999 and was in
operation up until the end of September.
It was operated by SBR
Steakhouse, LLC located in Perryville. Kelsey said the previous
owners were interested in retiring and the property was listed
with his commercial real estate company earlier this year.
No sales price was disclosed, but the Lorimont website
lists the property at $869,900.