106 4th St Washington, KS 66968-2218
This is a bar and grill restaurant space, previously a neighborhood spot. The space includes a full commercial kitchen, bar set up, and dining area. The property is located on the corner of 4th Street and C Street, in Downtown Washington, Kansas, three blocks North of Highway 36. Constructed in 1920, the building features metal siding and brick exterior, and a tar roof that was re-tarred in 2018. The interior includes a large dining area, kitchen, bar, lounge, game room, waitress station, and an office/storage room, plus mechanical and storage closets. Flooring consists of laminate, tile, and concrete. Interior amenities include ceiling fans. The property has city water and city sewer, natural gas fuel, and a natural gas water heater. Heating and cooling are provided by three central forced air units, installed within the last 10 years. Electrical service is provided via a breaker box. The property is zoned commercial & industrial - C. The lot size is 5,327 square feet, with a building square footage of 5,226. The foundation includes an unfinished basement and crawl space. The property includes street parking and a concrete lot on the south side of the building. The property is suitable for a bar, grill, pub, bistro, or casual dining concept.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.