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Holton Restaurant and Bar Opportunity
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601 ARIZONA AVE, Holton, KS 66436

Long-running restaurant and bar with high visibility on US-75.

Property Size5,956 SF
Lot Size1.19 Acres
Price / SF$125.92
Days on Market144

Property Features for 601 ARIZONA AVE

General Information

Standard status Active
Size 5,956 SF
Class C
Lot size 1.19 Acres
Property subtype Retail, Land
Zoning Commercial
Investment Type Owner/User

Building Details

Year Built 1966
Year Renovated 1998
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Coldwell Banker Commercial Griffith & Blair
Listed By: Scott Boling · License #00247210
Source: Crexi
Added: May 20 Changed: Oct 3 Last Checked: Oct 9 at 7:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial Griffith & Blair

Investment Insights

Based on property information with market context.

The property features a 5,956 square foot concrete block restaurant and bar building, established in 1965, situated on 1.19 acres. It is located on Arizona Avenue, along the US-75 corridor in Holton's western business district, offering high visibility and traffic. The restaurant has a strong base of local customers and out-of-state travelers. Originally constructed in the 1960s and expanded in the 1990s, it includes a dedicated bar area suitable for private events and catering. The dining room features hardwood floors, booth and table seating, a salad bar setup, and outdoor patio seating. A retail display area with polished concrete floors, string lighting, and antique display fixtures provides additional revenue. A portable storage building and carport sales business occupies the north end of the parcel under a current lease arrangement, providing supplementary income. The sale includes a fully stocked commercial kitchen with hoods covering the gas cooktops and fryer station. A current liquor license is in place. The business is currently operating and available for owner-operator acquisition or conversion.

Key Highlights

  • Established business since 1965 with a strong customer base.
  • Two parcels included: a 5,956 SF restaurant/bar on 1.19 acres plus additional parking.
  • High‑visibility location on US‑75 with high daily traffic counts.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,830
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$856,600 $856.6K
Cap Rate 7%
$611,857 $611.9K
Cap Rate 9%
$475,889 $475.9K
Market Conditions
NOI Build-Up for 5,956 SF
Gross rent
$60.8K $10.20/SF
− Vacancy
−$3.6K −$0.61/SF
EGI
$57.1K $9.59/SF
− OpEx
−$14.3K −$2.40/SF
NOI
$42.8K $7.19/SF
Area
Jackson County, KS
Vacancy
6.00%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$856,600
Cap Rate 7%
$611,857
Cap Rate 9%
$475,889

Alternative Uses

Best Use
Specialty Retail
$611.9K
$535.4K – $713.8K (±1% cap)
NOI $42,830 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Self Storage
$671.8K
$587.9K – $783.8K (±1% cap)
NOI $47,029 @ 7.0% cap · market cap 6.27%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

JSI Restaurant Trails Café Cafe & Coffee Shop Cafe CO-OP Gifts (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store Pharmacy Skin Care Clinic (Bike/Boat/Book/etc) Store Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

188
Businesses Nearby
77k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 63% Dining 26% Home Improvements & Furnishings 11%
Casey's Shops & Services
29,882 visits/mo 0.2 miles
Tractor Supply Co. Home Improvements & Furnishings
8,598 visits/mo 0.4 miles
SONIC Drive In Dining
8,582 visits/mo 0.4 miles
Phillips 66 Shops & Services
8,378 visits/mo 0.5 miles
Burger King Dining
7,680 visits/mo 0.2 miles

Demographics for 66436, KS

5,824
Population
2,328
Households
2.5
Avg Household Size
42
Median Age
23%
College-Educated
91%
High-School Grad
184.1 sq mi
ZIP Area
32
Density / Sq Mi
$68,457
Median Household Income
$31,809
Median Earnings
$837
Median Rent
$211,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • THE STATION — Holton, KS 66436
  • Trails Cafe — US-75, Holton, KS 66436

Frequently Asked Questions

What type of property is this?
Bar & Pub - Long-running restaurant and bar with high visibility on US-75.
Where is this bar & pub located?
The property is located at 601 ARIZONA AVE Holton, KS.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Established business since 1965 with a strong customer base.; Two parcels included: **a 5,956 SF restaurant/bar on 1.19 acres plus additional parking.**; High‑visibility location on US‑75 with high daily traffic counts.
More about this property
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