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201 201.0 Vine Cherokee, KS 66724

OFF-MARKET Commercial real estate Google Maps
1,500 SF Built 1900
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional business opportunity presents a well-established restaurant and bar located at 201 S 201.0 Vine, Cherokee, KS. The property boasts a total of 1,500 square feet of space, spread across two buildings situated on 2.5 lots. The current owners, who have operated the business successfully for 17 years, are retiring and offering a truly turnkey operation. All inventory, excluding a few personal items, is included in the sale price of $125,000 (recently reduced by $10,000). The restaurant is known for its high-quality steaks and enjoys a strong reputation within the community. Recent updates have been made to the property. The sale includes both buildings and the land. A generator is also included. The property offers significant potential for expansion. There is ample space to develop an outdoor venue, construct an additional building, or even build a residential structure. The seller is open to discussing the business's successful history with serious buyers. This versatile property presents a unique opportunity for a variety of business ventures beyond its current configuration. The property is being sold "as is."

Property profile

Verified
Property type Commercial real estate
Year built 1900
Total area 1,500 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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