500 7th St, Galena, KS 66739-1216
This exceptional commercial property presents a unique opportunity to own a thriving, established Mexican restaurant in the charming town of Galena, Kansas. Located on West 7th Street, just five blocks from the iconic Historic Route 66, this business benefits from high visibility and convenient access. The sale includes the real estate, all existing fixtures, and all equipment, making this a truly turnkey operation. The restaurant is currently operational and features both a drive-thru for convenient service and comfortable indoor seating for dine-in customers. The property sits on a 0.55-acre lot, providing ample space for potential expansion or outdoor seating. The asking price of $155,000 represents an excellent investment opportunity for an aspiring entrepreneur or seasoned restaurateur looking to acquire an established business with immediate revenue potential. This is a rare chance to own a profitable business and prime real estate in a desirable location. The existing infrastructure and equipment are in place, minimizing start-up costs and allowing for a seamless transition into ownership. This turnkey operation is ready for a new owner to step in and continue its success. Don't miss this chance to own a piece of Galena's vibrant culinary scene.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.