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    1106 Seneca St Wichita, KS 67213

    Sponsored
    For Sale
    $450,000

    Established Bar/Restaurant, 3890 sq ft, $450k

    Property size:
    3,890 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional opportunity presents the chance to acquire a well-established Wichita landmark: Champs Bar & Grill. Originally opened in the early 1900s and tastefully remodeled in 2020, this thriving bar and restaurant boasts a spacious 3,890 square feet of interior space. The asking price is $450,000, and the sale includes all furniture, fixtures, and equipment (FF&E), making this a turnkey operation ready for immediate revenue generation. Located at 1106 S Seneca St, Wichita, KS 67213, in Sedgwick County, the property benefits from a prime location surrounded by a mix of businesses and residential areas. Nearby establishments include American Movers, Wichita West High School, Bodycote, SRS Distribution, Lost Sock Laundromat, and Johnson & Co, ensuring high visibility and foot traffic. This is a rare chance to own a piece of Wichita history and a profitable, established business. The property's strong history, recent renovations, and excellent location combine to create a compelling investment opportunity for experienced restaurateurs or those seeking a proven business model. The substantial square footage provides ample space for both dining and bar areas, allowing for flexibility in operations and potential expansion. Don't miss this chance to own a thriving Wichita institution.

    Property Features for 1106 Seneca St

    General Information

    Property type
    Restaurants
    Square Feet
    3,890 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Cardtronics ATM Atm Champs 316 Bar & Grill

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3524035
    Latitude
    37.6720565

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    FAQs

    What type of property is this?
    Restaurant - Established Bar/Restaurant, 3890 sq ft, $450k
    Where is this restaurant located?
    The property is located at 1106 Seneca St Wichita, KS.
    What is the asking price?
    The asking price for this property is $450,000.
    Request Owner's contact information
    1106 Seneca St Wichita, KS 67213
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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
    1106 Seneca St Wichita, KS 67213
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