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Property profile & analytics
FOR SALE
Turn key restaurants

116 5Th St Lincoln, KS 67455

1,944 SF 0.48 ac lot Built 1950
Individually Owned Absentee Owner Free & Clear
Property ID
US33-1357504
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1950
Construction FRAME
Total area 1,944 SF
Lot 0.48 ac (21,000 SF)
APN 123-06-0-20-24-010.00-0
UPID US33-1357504
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
KARA I LARIVIERE
KARA I LARIVIERE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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