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    2001 Main St Independence, KS 67301

    Sponsored
    For Sale
    $285,000

    Restaurant Opportunity, 2768 SF, $285k

    Property size:
    2,768 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 0.31-acre commercial property, located at 2001 W Main Street in Independence, Kansas, presents a unique investment opportunity. The 2,768 square foot building currently operates as a well-established Chinese restaurant with a seating capacity of 120. Boasting 100 feet of frontage on West Main Street and a depth of 133.5 feet, this property offers significant visibility and potential for a variety of uses. The building itself is in excellent condition, having been meticulously maintained by the owners over the past 30 years. Included are three and a half bathrooms, two central gas heaters, and two electric air conditioners, ensuring year-round comfort. A convenient carport is located at the rear of the building. All existing restaurant equipment and furnishings are negotiable, providing a seamless transition for a new owner. The owners are retiring and seeking a buyer to continue the legacy of this successful business or to repurpose the space to suit their own vision. Showings are by appointment only. This property is situated in Montgomery County, Kansas, with a zip code of 67301. The asking price for this prime commercial property is $285,000.

    Property Features for 2001 Main St

    General Information

    Property type
    Land
    Square Feet
    2,768 SF
    Lot Size
    13,504 SF

    HighLights

    • $285,000 asking price.
    • 0.31‑acre lot with a 2,768 square foot building.
    • Located at 2001 W Main Street, Independence, KS 67301.
    • Special purpose property, previously a Chinese restaurant with 120‑person capacity.
    • All equipment and furnishings are negotiable.
    Property Profile Location Intelligence

    Current Use by Public Records

    Great China Restaurant Chinese Restaurant

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Independence
    County
    Montgomery
    State
    Kansas
    Longitude
    -95.7315277
    Latitude
    37.223124

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    FAQs

    What type of property is this?
    Land - Restaurant Opportunity, 2768 SF, $285k
    Where is this land located?
    The property is located at 2001 Main St Independence, KS.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: $285,000 asking price.; 0.31-acre lot with a 2,768 square foot building.; Located at 2001 W Main Street, Independence, KS 67301.
    Request Owner's contact information
    2001 Main St Independence, KS 67301
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    Independence, KS 67301
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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
    2001 Main St Independence, KS 67301
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