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    116 5Th St Lincoln, KS 67455

    For Sale
    $90,000

    Established Restaurant, Prime Location, Fully Equipped

    Property size:
    1,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional turnkey restaurant opportunity is located in the heart of Lincoln, Kansas, at 116 S 5th. Boasting 1,500 square feet of space situated on a half-acre lot, this property offers immediate operational potential. The restaurant is fully equipped with a high-functioning kitchen, complete with commercial-grade appliances and all necessary cooking equipment, eliminating the need for significant upfront investment. The inviting dining area features a comfortable layout with booths and tables, creating a welcoming atmosphere for patrons. A key feature is the screened-in patio, perfect for outdoor dining and expanding seating capacity during warmer months. The strategic location, just one block from the main street, ensures consistent foot traffic and high visibility. Ample parking is available, providing convenient access for customers. This property presents a rare chance for both experienced restaurateurs and aspiring entrepreneurs to establish or expand their business in a thriving small-town setting. The existing infrastructure and equipment allow for immediate commencement of operations, minimizing start-up time and costs. This is a truly remarkable opportunity to own and operate a successful restaurant in a desirable location.

    Property Features for 116 5Th St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,500 SF
    Lot Size
    21,780 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Dental Office Hair Salon Clothing Store Building Supply Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincoln
    County
    Lincoln
    State
    Kansas
    Longitude
    -98.14977
    Latitude
    39.03952

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Established Restaurant, Prime Location, Fully Equipped
    Where is this commercial real estate located?
    The property is located at 116 5Th St Lincoln, KS.
    What is the asking price?
    The asking price for this property is $90,000.
    (785) 472-4436
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    116 5Th St Lincoln, KS 67455
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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
    116 5Th St Lincoln, KS 67455
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