Full-Equipped Restaurant
850 North Broadway Avenue Wichita, KS 67214
850 North Broadway Avenue, Wichita, KS, 67214
Contact for pricing
For Sale
Contact for pricing
For sale restaurant building with included equipment, decor, and furniture ready to operate.
Property Size1,840 SF
Price / SF$178.80
Days on Market26
Property Features for 850 North Broadway Avenue
General Information
- Standard status
- Active
- Size
- 1,840 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1979
Listing Agency
Landmark Commercial Real Estate
(316) 573-3542
Listed by
Tate Brumfield · License #00245291
Source
Crexi
Added: Jun 22 Checked: Jul 16 at 6:13 am
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 Landmark Commercial Real Estate
Investment Insights
Based on property information with market context.
This for-sale restaurant building is being offered with a complete package of restaurant equipment, decor, and furniture included with the sale. Included items feature a Bunn Ultra 2 hopper slush machine, a Taylor soft serve machine, an Avantco single-door undercounter freezer, and a Frymaster two-vat fryer with computers and oil filtration. The kitchen package also includes a 4-foot gas griddle flattop, undercounter True coolers, a shake blender, and a walk-in cooler and freezer, along with wire rack shelving, stainless-steel pans, and a food chute with heat warmers.
The property is located at 850 North Broadway Avenue in Wichita, Kansas. The included furnishings and back-of-house components are designed to support quick buildout and continuity of the existing restaurant layout and service workflow.
For buyers looking for a turnkey restaurant operation, the conveyance of core hot-side and cold-storage equipment plus seating makes this building a practical fit. It may also appeal to an operator or investor who wants to minimize equipment replacement and start with an assembled package that includes warmers, cookware storage, and diner-style tables, chairs, and booths.
The property is located at 850 North Broadway Avenue in Wichita, Kansas. The included furnishings and back-of-house components are designed to support quick buildout and continuity of the existing restaurant layout and service workflow.
For buyers looking for a turnkey restaurant operation, the conveyance of core hot-side and cold-storage equipment plus seating makes this building a practical fit. It may also appeal to an operator or investor who wants to minimize equipment replacement and start with an assembled package that includes warmers, cookware storage, and diner-style tables, chairs, and booths.
Key Highlights
- Restaurant building built in 1979
- Restaurant equipment, decor, and furniture included with the building
- Includes Bunn Ultra 2 hopper slush machine and Taylor C706‑33 soft serve machine
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $31.4k | $17.04 |
| − Vacancy | −$2.2k | −$1.19 |
| EGI | $29.2k | $15.85 |
| − OpEx | −$7.3k | −$3.96 |
| NOI | $21.9k | $11.89 |
1,840 SF · lease $17.04/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$312.4K
$273.4K – $364.5K
NOI $21,869 @ 7.0% cap · market cap 6.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$455.6K
$398.6K – $531.5K
NOI $31,891 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - For sale restaurant building with included equipment, decor, and furniture ready to operate.
Where is this conventional restaurant located?
The property is located at 850 North Broadway Avenue Wichita, KS.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: Restaurant building built in 1979; Restaurant equipment, decor, and furniture included with the building; Includes Bunn Ultra 2 hopper slush machine and Taylor C706‑33 soft serve machine
