116 5Th St Lincoln, KS 67455
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.