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Property profile & analytics
OFF-MARKET
Turn key restaurants

1304 Topeka Ave Lyndon, KS 66451-9513

1,960 SF 1.06 ac lot Built 2001
Individually Owned Absentee Owner Free & Clear
Property ID
US33-0736715
Property summary
AI-generated overview

This exceptional commercial property presents a unique opportunity to own a fully equipped and recently updated restaurant or bar and grill. Strategically located on Highway 75, this establishment benefits from high visibility and significant traffic flow, situated advantageously between Pomona Lake and Melvern Lake, two popular federal lakes. The property is offered at $175,000 and includes all essential restaurant equipment, eliminating the need for significant upfront investment. The included equipment list is extensive and includes, but is not limited to, a Broaster pressure fryer, double fryer, grills, stove and ovens, a stand-up freezer, walk-in cooler and freezer, dishwasher, ice cream machine, and an ice machine. The property also features a 10-ton heating and air conditioning unit, only four years old, ensuring efficient and comfortable climate control year-round. Tables and chairs are included, allowing for immediate operation. This turnkey operation is ready for a new owner to implement their culinary vision and capitalize on the prime location and existing infrastructure. The property is located at 1304 S Topeka Ave, Lyndon, KS. This is a rare opportunity to acquire a well-equipped, established business in a desirable location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2001
Total area 1,960 SF
Lot 1.06 ac (46,174 SF)
APN 070-129-31-0-20-03-009.00-0
UPID US33-0736715
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
Current use
Occupant on record · Public records
  • Ann's Diner Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
DANIEL G CRUMB
DANIEL G CRUMB
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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