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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

128 Us-36 Phillipsburg, KS 67661

2,692 SF Built 2017
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 2017
Total area 2,692 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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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