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Property profile & analytics
OFF-MARKET
Bars & Pubs

106 4th St Washington, KS 66968-2218

5,226 SF 0.12 ac lot Built 1920
Individually Owned Absentee Owner Free & Clear
Property ID
US33-1583373
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Bars & Pubs
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 5,226 SF
Lot 0.12 ac (5,227 SF)
APN 101-131-02-0-40-17-013.00-0
UPID US33-1583373
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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
MARK K CHAPIN
MARK K CHAPIN
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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