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    2301 Mount Vernon St Wichita, KS 67211

    For Sale
    $250,000

    Established bar, fully equipped, great location.

    Property size:
    2,280 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This turnkey bar opportunity in Wichita, Kansas, presents a unique investment prospect. Located at 2301 E. Mt. Vernon St., this free-standing, single-story building boasts 2,280 square feet on an 11,286 square foot lot. Built in 1970, the property is classified as Class B and zoned LC. The asking price is $250,000, translating to $109.65 per square foot. All bar equipment, including tables and chairs, is included in the sale. The kitchen features a 4' hood and walk-in coolers. A designated outdoor smoking area caters to patrons' preferences. The bar has a maximum occupancy of 90 persons. The 2023 property taxes totaled $2,921.64 ($2,344.02 general and $577.62 special). This established business presents a ready-to-operate venture in a desirable location, offering significant potential for a new owner. The property consists of one unit within a single building.

    Property Features for 2301 Mount Vernon St

    General Information

    Property type
    Restaurants
    Square Feet
    2,280 SF
    Class
    B

    Building Details

    Year Built
    1970
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $250,000 sale price for a turnkey bar.
    • 2,280 square foot building on an 11,286 square foot lot.
    • 1970 construction, Class B, LC zoning.
    • Includes all bar equipment, kitchen with hood and walk‑in coolers, and outdoor smoking area.
    • 90‑person occupancy.
    • $2,921.64 total 2023 property taxes ($2,344.02 general, $577.62 special).
    Property Profile Location Intelligence

    Current Use by Public Records

    Snoops Night Club

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.309205510603
    Latitude
    37.65719049421

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    FAQs

    What type of property is this?
    Restaurant - Established bar, fully equipped, great location.
    Where is this restaurant located?
    The property is located at 2301 Mount Vernon St Wichita, KS.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: $250,000 sale price for a turnkey bar.; 2,280 square foot building on an 11,286 square foot lot.; 1970 construction, Class B, LC zoning.
    Request Owner's contact information
    2301 Mount Vernon St Wichita, KS 67211
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    Wichita, KS 67211
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    2301 Mount Vernon St Wichita, KS 67211
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