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    391 Main St Lansing, KS 66043

    Sponsored
    For Sale
    $110,000

    Prime Restaurant Space, High Traffic Area

    Property size:
    2,412 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This vacant 2,412 square foot restaurant building is available for $110,000. Located at 391 N. Main St in Lansing, Kansas (zip code 66043), this property sits on a 0.92-acre lot. The building's previous tenant was a Burger King, featuring a convenient drive-thru. The property boasts a highly desirable location on a hard corner, providing excellent visibility and accessibility. High traffic counts ensure significant potential for any new restaurant concept. The property type is retail, specifically a restaurant, and the lease type is Absolute NNN. The building is currently vacant, presenting a unique opportunity for immediate occupancy. Its strategic placement within a thriving commercial area, surrounded by established national restaurant chains, guarantees a strong foundation for success. The property's size and features make it an ideal location for a variety of restaurant businesses seeking a high-traffic, easily accessible location in Lansing, Kansas. This is a turnkey opportunity for an entrepreneur looking to establish a successful restaurant venture in a prime location.

    Property Features for 391 Main St

    General Information

    Property type
    Restaurants
    Square Feet
    2,412 SF
    Lot Size
    40,075 SF

    HighLights

    • 2,412 SF vacant restaurant building available for $110,000.
    • Located on a hard corner at 391 N. Main St, Lansing, KS 66043, on a 0.92‑acre lot.
    • Features a drive‑thru and offers excellent visibility and high traffic counts.
    • Situated in a thriving commercial area near national restaurant chains.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Lansing
    County
    Leavenworth
    State
    Kansas
    Longitude
    -94.9005971
    Latitude
    39.2561276

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    FAQs

    What type of property is this?
    Restaurant - Prime Restaurant Space, High Traffic Area
    Where is this restaurant located?
    The property is located at 391 Main St Lansing, KS.
    What is the asking price?
    The asking price for this property is $110,000.
    What are key features of this property?
    This property features: 2,412 SF vacant restaurant building available for $110,000.; Located on a hard corner at 391 N. Main St, Lansing, KS 66043, on a 0.92-acre lot.; Features a drive-thru and offers excellent visibility and high traffic counts.
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    Lansing, KS 66043
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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
    391 Main St Lansing, KS 66043
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