301 S Summit St

301 S Summit St , Arkansas City, Kansas, 67005 | 10,298 sq.f | $ 275,000

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About This Restaurant

Investment Highlights

Fully equipped Restaurant. Potential apartment spaces on 2nd level. 2nd Building to run an office, gift shop, coffee shop etc.

Executive Summary

Ready To Go Restaurant, equipped with almost everything you need to start running right away. This opportunity doesn't come along often, a family owned and operated restaurant ready to be handed over with everything from cups/plates/silverware/saucers/burners/ovens/freezers/refrigerators/tables and chairs and so much more.. it all stays with the purchase of the property. Additionally, this building features a second store front that would be great for a gift shop/boutique/office space or anything else you may have for it. It features an open floor concept, a serving counter and ample storage. A separate exterior entrance will lead you upstairs where you will find an opportunity at 2 air bnb's/apartments. They are in need of some updates but generally a great opportunity for extra income. One apartment features 3 bedrooms, 1 bathroom, a very large living room, formal dining room and kitchen. The second apartment is a 1 bedroom, 1 bath, open kitchen/dining/living room concept. The history behind this building is incredible to Ark City, the love that it has brought through food and conversations is wonderful to think about. I love all the natural light that beams through the windows and can picture outside seating and community engagements among the sidewalks. Call listing agent for a private showing and lets make dreams a reality.

Property Details

  • Sale Type    Investment or Owner User
  • Sale Condition    Bulk/Portfolio Sale
  • Property Type    Retail
  • Property Subtype    Restaurant Restaurant Office Office Residential Restaurant
  • Building Size    10,298
  • Year Built    1905
  • Price    275,000
  • Price Per SF    27
  • Percent Leased    Vacant
  • Tenancy    Multiple
  • Building Height    2 Stories
  • Building FAR    1.58
  • Land Acres    0.15 AC

Property Taxes

Parcel Number 299-30-0-30-17-001.00-0 Improvements Assessment $3,053
Land Assessment $17,838 Total Assessment $20,891
Date Created: 2024-07-16 04:16:14 Last Updated: 2024-07-16 04:16:14
Address: 301 S Summit St , Arkansas City, Kansas, 67005