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    Property profile & analytics
    OFF-MARKET Estimated value $590,000
    Motels

    1408 Buffalo Jones Ave, Garden City, KS 67846-4834

    18,512 SF 2.08 ac lot Built 1963
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US33-1473374
    Property summary
    AI-generated overview

    This exceptional Garden City, Kansas property presents a unique investment opportunity encompassing a fully operational restaurant and a spacious three-bedroom apartment. Situated on a generous 2.08-acre lot at 1408 Buffalo Jones Ave, 67846, this single-tenant building offers 3,888 square feet of space, all currently vacant and ready for immediate occupancy. The restaurant boasts a fully equipped commercial kitchen, featuring a 20-foot hood, cooktops, fryers, refrigerators, and ample prep tables. The dining area is furnished with booths, tables, and chairs, allowing for seamless operation. A significant advantage is the inclusion of a 1,700 square foot, three-bedroom apartment with upgraded finishes, providing additional income potential or owner accommodations. The property also includes a basement offering substantial storage, three walk-in coolers, and a 2,000 square foot carpeted area ideal for large events or private parties. Built in 1963, this single-story building is zoned GC and lacks elevators. This turnkey operation is perfect for an entrepreneur seeking a ready-to-go restaurant with significant living space, or an investor looking for a multi-faceted income-generating property. The property's size and amenities offer considerable flexibility and potential for growth. The location in Garden City, Kansas provides access to a thriving community and ample customer base. This is a rare opportunity to acquire a fully equipped and established business with significant living space, all in one convenient location.

    Property profile
    Verified
    Property type Motels
    Use group MOTEL
    Year built 1963
    Construction CONCRETE BLOCKS
    Total area 18,512 SF
    Lot 2.08 ac (90,605 SF)
    APN 261-12-0-40-17-005.00-0
    UPID US33-1473374
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Continental Inn Hotel & Motel
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $590k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $590k
    Owner & transaction history
    Petra Protect LLC · 3 yrs held
    Petra Protect LLC
    since 2023
    2 recorded transactions
    2023
    2005
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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