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    740 E South St Mankato, KS 66956

    For Sale
    $395,000

    Commercial Business - Mankato, KS

    Property size:
    7,600 SF
    Lot size:
    1.20 Acres
    Days on Market:
    67
    Last Refresh:
    Dec 7 at 7:06 pm

    Property Features for 740 E South St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    200
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
    Bathrooms
    4
    Parking features
    Garage
    Size
    7,600 SF
    Lot size
    1.20 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1966
    Year renovated
    1966
    Floors in Building
    1
    Flooring type
    Carpet, Vinyl
    Roof type
    Asphalt
    Architectural style
    Other

    Kansasland Realty and Auction (785) 543-4440

    Listing agent Larry Riggs (785) 543-4440

    Listing date Oct 2, 2025

    MLS# 11360759 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Restaurant on Highway 36

    Located on Highway 36 in Mankato, Kansas, the commercial property at 740 E South St offers a 7,600+ sq.ft facility on a 1.20-acre lot, presenting various possibilities for prospective owners. The property currently houses the established Buffalo Roam Steakhouse, a turn-key business that is fully equipped and ready for operation. The steakhouse has a seating capacity of 350 people and parking for approximately 100 vehicles. The restaurant features multiple dining rooms and offers both buffet and menu options, making it suitable for accommodating customers, clubs, reunions, receptions, and parties simultaneously. The business attracts customers from local areas, distant counties, and out-of-state locations. The building has undergone numerous upgrades, including a new roof in 2022, new AC units, a hood and fire suppression system, and on-demand hot water units. The sale includes all equipment, chairs, and tables. The property is zoned 200. In addition to continuing the established business, the property could be used for other businesses, offices, or manufacturing. The property taxes are $2,704.
    Location Intelligence

    Current Use by Public Records

    Extreme Anglers Bowfishing Fishing Charter

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mankato
    County
    Jewell
    State
    Kansas
    Longitude
    -98.199513
    Latitude
    39.78516

    FAQs

    What type of property is this?
    Conventional restaurant - Commercial property with limitless options, turn-key restaurant, 7,600+ sqft facility.
    Where is this conventional restaurant located?
    The property is located at 740 E South St Mankato, KS.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: - Turn-key ready, fully equipped restaurant (Buffalo Roam Steakhouse) with a seating capacity of 350.; - Large 7,600+ sq. ft. commercial building on 1.20 acres with limitless business options.; - Recent upgrades including a new roof (2022), new AC units, hood and fire suppression system, and on-demand hot water units.
    (785) 543-4440
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    740 E South St Mankato, KS 66956
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    Mankato, KS 66956
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    740 E South St Mankato, KS 66956
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