Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    111 E 47Th St S Wichita, KS 67216

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,099,000

    Fully renovated restaurant with parking and drive-thru potential.

    Property size:
    4,764 SF
    Lot size:
    0.67 Acres

    Property Features for 111 E 47Th St S

    General Information

    Size
    4,764 SF
    Lot size
    0.67 Acres

    Source: Pinnacle Real Estate Advisors Agent Thomas Graeve

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

    Overview

    Renovated Restaurant on Broadway Corridor

    This is a fully-renovated restaurant, updated in 2021, situated on Wichita’s Broadway commercial corridor. The property was recently a sports bar and BBQ concept. The sale includes all new equipment and furnishings, ranging from TVs to tables and walk-in refrigerators. The building has full turn access onto E. 47th Street and offers quick access to I-135. There are 40 surface parking spaces available. The existing drive-thru could be re-opened.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Mango Tree Indian Restaurant The Angry Elephant Burgers, ... Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.336111
    Latitude
    37.607514

    Nearby Similar for Sale

    • Contact for pricing
      3,236 SF

      Riverside Quadplex Investment Opportunity

      Quadplex in desirable Riverside area with strong rental potential.
      906 N Spaulding Ave, Wichita, KS 67203
      View Details
    • New
      Contact for pricing
      Pending

      Wichita Quadplex Investment Opportunity

      Four-unit property with income potential in south Wichita.
      1302 E Selma St, Wichita, KS 67216
      View Details
    • New
      Contact for pricing
      Pending

      Wichita Quadplex Investment Opportunity

      Four 3-bedroom units with income potential in Wichita, Kansas.
      1206 E Selma St, Wichita, KS 67216
      View Details
    • New
      Contact for pricing
      Pending

      South Wichita Quadplex Investment Opportunity

      Four 2-bedroom, 1-bathroom units with income potential.
      1216 E Selma St, Wichita, KS 67216
      View Details
    • New
      Contact for pricing
      Pending

      Wichita Quadplex Investment Opportunity

      Four units with income potential in south Wichita.
      1224 E Selma St, Wichita, KS 67216
      View Details
    • New
      Contact for pricing
      Pending

      Wichita Quadplex: Investment Opportunity

      Quadplex with four units near W. 13th Street.
      1224 N Waco Ave, Wichita, KS 67203
      View Details

    FAQs

    What type of property is this?
    Restaurant - Fully renovated restaurant with parking and drive-thru potential.
    Where is this restaurant located?
    The property is located at 111 E 47Th St S Wichita, KS.
    What is the asking price?
    The asking price for this property is $2,099,000.
    What are key features of this property?
    This property features: - Fully-renovated (2021) restaurant with all new equipment included in sale.; - Prime location on Wichita’s Broadway commercial corridor.; - 40 surface parking spaces.
    (303) 962-9539
    Request Owner's contact information
    111 E 47Th St S Wichita, KS 67216
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    111 E 47Th St S
    Wichita, KS 67216
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    111 E 47Th St S Wichita, KS 67216
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.