Restaurant with Full Equipment
850 North Broadway Wichita, KS 67214
For Sale
Contact for pricing
For sale restaurant building with included foodservice equipment, decor, and furniture.
Property Size1,840 SF
Price / SF$178.80
Days on Market47
Property Features for 850 North Broadway
General Information
- Standard status
- Active
- Size
- 1,840 SF
- Property subtype
- RETAIL
Listing Agency:
Landmark Commercial Real Estate
(316) 573-3542
Listed By:
Tate Brumfield · License #00245291
(316) 573-3542
Source:
Moodyscre
Added: Jun 11
Changed: Jul 23
Last Checked: Jul 23 at 9:08AM
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 restaurant property is being offered for sale with all restaurant equipment, decor, and furniture included in the building. The included package lists a Bunn Ultra 2 hopper slush machine, Taylor C706-33 soft serve machine, and a Frymaster 2-vat fryer with computers and oil filtration, along with a 4-foot gas griddle flattop. Additional included equipment features undercounter refrigeration including an Avantco single door freezer and True single and double door coolers, plus a walk-in cooler and walk-in freezer.
The package also includes a shake blender, wire rack shelving, stainless-steel pans, and a food chute with heat warmers. Three Marshall air heat warmers are included, along with diner-style tables, chairs, and booths.
Public remarks note heavy daily commuter and event traffic.
The package also includes a shake blender, wire rack shelving, stainless-steel pans, and a food chute with heat warmers. Three Marshall air heat warmers are included, along with diner-style tables, chairs, and booths.
Public remarks note heavy daily commuter and event traffic.
Key Highlights
- Restaurant building with all included restaurant equipment, decor, and furniture.
- Includes Bunn Ultra 2 hopper slush machine and Taylor C706‑33 soft serve machine.
- Fryer 2‑vat setup with computers and oil filtration, plus a 4‑ft gas griddle flattop.
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
Location Intelligence
Current Use by Public Records
Breakfast & diners
Similar Off Market Nearby
- Ethiopian Eng’s Egg Factory — 515 s emporia st, wichita, ks 67202
- Ethiopian Eng’s Egg Factory — 410 st francis, wichita, ks 67202
FAQs
What type of property is this?
Breakfast & diner - For sale restaurant building with included foodservice equipment, decor, and furniture.
Where is this breakfast & diner located?
The property is located at 850 North Broadway 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 with all included restaurant equipment, decor, and furniture.; Includes Bunn Ultra 2 hopper slush machine and Taylor C706‑33 soft serve machine.; Fryer 2‑vat setup with computers and oil filtration, plus a 4‑ft gas griddle flattop.
