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    OFF-MARKET
    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
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    MARGARITO GOMEZ
    MARGARITO GOMEZ
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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