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Property profile & analytics

116 5Th St Lincoln, KS 67455

  • Turn key restaurants
  • 1,944 SF
  • 0.48 lot acres
Value Estimation
Location Intelligence
Property ID
US33-1357504
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 116 5Th St

Year built
1950
Construction
FRAME
Lot size
0.48 lot acres
Property size
1,944 SF
Property type
Turn key restaurants
APN
123-06-0-20-24-010.00-0
APU
1230602024010000

Description

This exceptional turnkey restaurant opportunity is located in the heart of Lincoln, Kansas, at 116 S 5th. Boasting 1,500 square feet of space situated on a half-acre lot, this property offers immediate operational potential. The restaurant is fully equipped with a high-functioning kitchen, complete with commercial-grade appliances and all necessary cooking equipment, eliminating the need for significant upfront investment. The inviting dining area features a comfortable layout with booths and tables, creating a welcoming atmosphere for patrons. A key feature is the screened-in patio, perfect for outdoor dining and expanding seating capacity during warmer months. The strategic location, just one block from the main street, ensures consistent foot traffic and high visibility. Ample parking is available, providing convenient access for customers. This property presents a rare chance for both experienced restaurateurs and aspiring entrepreneurs to establish or expand their business in a thriving small-town setting. The existing infrastructure and equipment allow for immediate commencement of operations, minimizing start-up time and costs. This is a truly remarkable opportunity to own and operate a successful restaurant in a desirable location.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Lincoln
County
Lincoln
State
Kansas
Longitude
-98.15
Latitude
39.0395

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$0.00
$1,263
$21,663
$22,926
-
$5,050
$86,650
$91,700
More about this property
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