128 Us-36 Phillipsburg, KS 67661
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.