3036 6Th St Topeka, KS 66607
This established Topeka restaurant at 3036 SE 6th St is offered at a reduced price of $229,000. The 3,420 square foot building sits on a 0.47-acre lot and is zoned X-1 Mixed Use, presenting significant potential. Built in 1965, the property includes a fully equipped kitchen, walk-in cooler, and freezer, all included in the sale price. The spacious dining area comfortably seats 72 patrons, while a sizable basement banquet/meeting room adds another 56 seats, expanding the venue's capacity and versatility. All furniture, fixtures, and equipment are part of the sale, making this a true turnkey operation. The property's layout allows for the potential addition of a drive-thru window, further enhancing its operational capabilities and revenue streams. This presents a unique opportunity for an experienced restaurateur or a savvy investor looking to capitalize on a well-established business in a desirable location within Shawnee County, Kansas, zip code 66607. The asking price of $229,000 translates to $66.96 per square foot.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.