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    2221 N Lorraine St Hutchinson, KS 67501

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    For Lease
    $4,000 /Mo ($17 SF/Yr)

    Commercial retail space with restaurant equipment for lease.

    Property size:
    2,800 SF
    Lot size:
    1.30 Acres

    Property Features for 2221 N Lorraine St

    General Information

    Size
    2,800 SF
    Lot size
    1.30 Acres

    Source: Landmark Commercial Real Estate Agent Maribeth Reimer

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space with Restaurant Equipment

    This commercial retail property, built in 2015, offers 2,800 square feet of space and is available for lease at $4,000.00 per month plus utilities. Ideally situated at the corner of 23rd Street and Lorraine, the property benefits from high traffic within one of Hutchinson's busiest entertainment and retail corridors. 23rd Avenue acts as a primary thoroughfare to Hutchinson's major medical campuses, including Hutchinson Regional Medical Center, The Hutchinson Clinic, and several other health service providers, all located less than one mile to the east. The property includes restaurant equipment such as a commercial-grade hood and range, one walk-in cooler, three stand-alone freezers, tables, chairs, and more.
    Location Intelligence

    Current Use by Public Records

    The Traveling Bowl Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hutchinson
    County
    Reno
    State
    Kansas
    Longitude
    -97.9043568
    Latitude
    38.0773763

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    FAQs

    What type of property is this?
    Restaurant - Commercial retail space with restaurant equipment for lease.
    Where is this restaurant located?
    The property is located at 2221 N Lorraine St Hutchinson, KS.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location at the corner of 23rd Street and Lorraine in a busy entertainment and retail corridor.; - Includes restaurant equipment: **commercial-grade hood and range, walk-in cooler, and freezers.**; - Located on 23rd Avenue, a primary thoroughfare to major medical campuses.
    (620) 727-7806
    Request Owner's contact information
    2221 N Lorraine St Hutchinson, KS 67501
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    Hutchinson, KS 67501
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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
    2221 N Lorraine St Hutchinson, KS 67501
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