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    Holton Restaurant and Bar Opportunity Title is generated by Realmo AI

    601 ARIZONA AVE, Holton, KS 66436

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

    Type:Retail, Land
    Property size:
    5,956 SF
    Lot size:
    1.19 Acres
    Price / SF:
    $147/SF
    Added:
    May 20, 2026
    Days on Market:
    9
    Last Refresh:
    May 21 at 7:29 am

    Property Features for 601 ARIZONA AVE

    General Information

    Standard status
    Active
    Size
    5,956 SF
    Lot size
    1.19 Acres
    Property subtype
    Retail, Land

    Building Details

    Year Built
    1966

    We can help!

    Listing Contact
    Scott Boling

    Listing agent Scott Boling License #00247210

    Listing office Coldwell Banker Commercial Griffith & Blair

    Listing date May 20, 2026

    Source Crexi

    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

    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.
    • Includes a fully stocked commercial kitchen and existing liquor license.
    • Features a dedicated bar area, dining room with flexible seating, and outdoor patio.
    • Additional income potential from retail display area and existing lease arrangement.

    Overview

    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.
    Location Intelligence

    Current Use by Public Records

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

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

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

    Location Insight

    • Map
    • Local Demand
    City
    Holton
    County
    Jackson
    State
    Kansas
    Longitude
    -95.7483126
    Latitude
    39.4669503

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    FAQs

    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 $880,500.
    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.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Scott Boling
    Real Estate License ID: 00247210
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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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