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    Idle-A-While Bar & Grill Title is generated by Realmo AI

    201 S Vine Street, Cherokee, KS 66724

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    For Sale
    $135,000

    SINGLE_FAMILY - Cherokee, KS

    Type:Retail
    Property size:
    1,474 SF
    Lot size:
    0.13 Acres
    Price / SF:
    $91/SF
    Added:
    Mar 25, 2026
    Days on Market:
    61
    Last Refresh:
    May 24 at 6:06 pm

    Property Features for 201 S Vine Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Zoning
    C
    Parking features
    On Street
    Exterior features
    Building Sign
    Standard status
    Active
    APN
    0000000000
    Size
    1,474 SF
    Lot size
    0.13 Acres

    Taxes and HOA fees

    Tax Description
    Cherokee Original Town LT 1 & N 1/2 LT2. Blk 47
    Tax Annual Amount
    881

    Building Details

    Year built
    1900
    Floors in Building
    2
    Building materials
    Brick, Wood Siding

    We can help!

    Listing Contact
    Breeze Team

    Listing agent Breeze Team

    Listing office EXP Realty LLC 9393 W 110th St Ste 500, Overland Park, KS

    Listing date Mar 25, 2026

    MLS# 2608892

    Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turnkey business opportunity with two buildings on 1.5 lots, includes all inventory.
    • Established Idle‑A‑While Bar & Grill, a well‑known business with a strong community reputation since 1935.
    • Versatile 1,474 sq ft space suitable for various business types.
    • Additional lot space allows for expansion possibilities.
    • Prime location near Highway 400 and Big Brutus, attracting locals and travelers.
    • Includes building sign, brick and wood siding construction, and on‑street parking.

    Overview

    Established in 1935, the Idle-A-While Bar & Grill at 201 S. Vine Street is a community gathering spot available for a new owner. The sale includes two buildings on 0.13 acres across 1.5 lots, plus all business inventory. The main bar building spans 1,250 sq ft with an additional 224 sq ft attached storeroom, totaling approximately 1,474 sq ft of usable space. The interior has proven effective for decades as a bar and restaurant, but works equally well as a coffee shop, diner, catering operation, retail space, or event venue. Additional lot space opens the door for an outdoor venue, beer garden, food truck pad, or even a private residence. Located just three blocks off Highway 400 and minutes from regional tourist draw Big Brutus, this property captures both loyal locals and passing travelers. The property is zoned C. It is located in Cherokee, Kansas, in Crawford County.
    Property Profile Location Intelligence

    Current Use by Public Records

    Idle-A-While Bar & Pub

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Auto Repair Shop Hair Salon Nail Salon Department Store Grocery & Convenience Store Bar & Pub Grocery & Convenience Store

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

    Similar Places Nearby

    • Idle-A-While — 201 S Vine St, Cherokee, KS 66724

    Location Insight

    • Map
    • Local Demand
    City
    Cherokee
    County
    Crawford
    State
    Kansas
    Longitude
    -94.82101
    Latitude
    37.34951

    FAQs

    What type of property is this?
    Bar & Pub - Turnkey bar and grill with endless potential in Cherokee, Kansas.
    Where is this bar & pub located?
    The property is located at 201 S Vine Street Cherokee, KS.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: Turnkey business opportunity with two buildings on 1.5 lots, includes all inventory.; Established Idle‑A‑While Bar & Grill, a well‑known business with a strong community reputation since 1935.; Versatile 1,474 sq ft space suitable for various business types.
    (816) 778-9434
    We can help!
    Listing Contact
    Breeze Team
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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