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Property profile & analytics
OFF-MARKET Estimated value $255,000
Turn key restaurants

500 7th St Galena, KS 66739-1216

1,800 SF 0.27 ac lot Built 1975
Individually Owned Free & Clear
Property ID
US33-1243477
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1975
Total area 1,800 SF
Lot 0.27 ac (11,761 SF)
APN 206-23-0-20-04-001.00-0
UPID US33-1243477
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k
Owner & transaction history
MARGARITO GOMEZ
MARGARITO GOMEZ
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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