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    OFF-MARKET
    Office Spaces

    740 South St, Mankato, KS 66956

    1.2 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional Mankato, Kansas commercial property, located at 740 E. South St. on Hwy 36, offers a 7,600+ sq ft facility on 1.2 acres. Currently housing the established Buffalo Roam Steakhouse, this turn-key operation boasts a 350-person seating capacity and parking for approximately 100 vehicles. The restaurant features multiple dining rooms, buffet and menu options, catering to diverse events from small gatherings to large parties. Its strong customer base extends beyond the local area, drawing patrons from distant counties and even out-of-state. Recent upgrades include a new roof (2022), new AC units, a new hood and fire suppression system, and on-demand hot water units. All equipment, chairs, and tables are included. Financial statements are available to qualified buyers upon request. The property's versatility allows for continued operation of the existing business, the establishment of a new venture, or use as office space or a manufacturing facility. Property taxes are $2,704 annually. Asking price: $447,000.

    Property profile
    Verified
    Property type Office Spaces
    Lot 1.2 ac (52,272 SF)
    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
    • Extreme Anglers Bowfishing Tour Operator Travel Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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