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    128 Us-36 Phillipsburg, KS 67661

    For Sale
    $250,000

    Free-standing restaurant, drive-thru, Hwy 36.

    Property size:
    2,692 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional free-standing restaurant presents a compelling investment opportunity in Phillipsburg, Kansas. Boasting 2,692 square feet of space within a 32,859 square foot lot, this Class A property is ideally situated on US-36, a major thoroughfare ensuring high visibility and accessibility. Built in 2017, the building features attractive stucco and brick construction. The property includes a convenient drive-thru lane and ample curb service parking for nine vehicles. Further enhancing its appeal is the availability of pole signage, maximizing brand exposure. The property's zoning is designated as Commercial Highway, perfectly suited for its current use and future potential. The asking price is $250,000, translating to $92.87 per square foot. This single-story building offers a turnkey solution for established or aspiring restaurant operators seeking a prime location with excellent visibility and convenient access for customers. The expansive lot size provides ample room for potential expansion or outdoor seating. This is a rare opportunity to acquire a well-maintained, modern restaurant in a thriving location.

    Property Features for 128 Us-36

    General Information

    Property type
    Restaurants
    Square Feet
    2,692 SF
    Class
    A

    Building Details

    Year Built
    2017
    Buildings
    1
    Stories
    1

    HighLights

    • $250,000 asking price.
    • 2,692 square foot Class A retail building.
    • 2,692 square feet of available space in a free‑standing restaurant with drive‑thru.
    • Stucco and brick construction.
    • Built in 2017.
    • Commercially zoned for highway use on a 32,859 square foot lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Map

    City
    Phillipsburg
    County
    Phillips
    State
    Kansas
    Longitude
    -99.306008767906
    Latitude
    39.755855397708

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      Phillipsburg Restaurant with Drive-Thru

      Free-standing restaurant with drive-thru and curb service for sale.
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    Nearby Similar for Sale

    • $250,000
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      Phillipsburg Restaurant with Drive-Thru

      Free-standing restaurant with drive-thru and curb service for sale.
      128 Highway 36 E, Phillipsburg, KS 67661
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    • $385,000

      Turnkey Bar & Grill Business

      Thriving bar and grill overlooking the Phillipsburg Golf Course.
      1045 State St, Phillipsburg, KS 67661
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    • $397,000
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      Phillipsburg Restaurant - Turnkey Opportunity

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    FAQs

    What type of property is this?
    Restaurant - Free-standing restaurant, drive-thru, Hwy 36.
    Where is this restaurant located?
    The property is located at 128 Us-36 Phillipsburg, 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 asking price.; 2,692 square foot Class A retail building.; 2,692 square feet of available space in a free-standing restaurant with drive-thru.
    Request Owner's contact information
    128 Us-36 Phillipsburg, KS 67661
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    Phillipsburg, KS 67661
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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
    128 Us-36 Phillipsburg, KS 67661
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