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    500 7Th St Galena, KS 66739

    For Sale
    $155,000

    Turnkey Mexican Restaurant, Historic Route 66

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    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 Features for 500 7Th St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    23,958 SF

    Building Details

    Year Built
    1975
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Toy Store Kid Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Galena
    County
    Cherokee
    State
    Kansas
    Longitude
    -94.64384
    Latitude
    37.07455

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    FAQs

    What type of property is this?
    Commercial real estate - Turnkey Mexican Restaurant, Historic Route 66
    Where is this commercial real estate located?
    The property is located at 500 7Th St Galena, KS.
    What is the asking price?
    The asking price for this property is $155,000.
    (417) 782-0800
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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
    500 7Th St Galena, KS 66739
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