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Property profile & analytics
OFF-MARKET Estimated value $590,000
Motels

1408 Buffalo Jones Ave Garden City, KS 67846-4834

18,512 SF 2.08 ac lot Built 1963
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US33-1473374
Property summary
AI-generated overview

This exceptional Garden City, Kansas property presents a unique investment opportunity encompassing a fully operational restaurant and a spacious three-bedroom apartment. Situated on a generous 2.08-acre lot at 1408 Buffalo Jones Ave, 67846, this single-tenant building offers 3,888 square feet of space, all currently vacant and ready for immediate occupancy. The restaurant boasts a fully equipped commercial kitchen, featuring a 20-foot hood, cooktops, fryers, refrigerators, and ample prep tables. The dining area is furnished with booths, tables, and chairs, allowing for seamless operation. A significant advantage is the inclusion of a 1,700 square foot, three-bedroom apartment with upgraded finishes, providing additional income potential or owner accommodations. The property also includes a basement offering substantial storage, three walk-in coolers, and a 2,000 square foot carpeted area ideal for large events or private parties. Built in 1963, this single-story building is zoned GC and lacks elevators. This turnkey operation is perfect for an entrepreneur seeking a ready-to-go restaurant with significant living space, or an investor looking for a multi-faceted income-generating property. The property's size and amenities offer considerable flexibility and potential for growth. The location in Garden City, Kansas provides access to a thriving community and ample customer base. This is a rare opportunity to acquire a fully equipped and established business with significant living space, all in one convenient location.

Property profile
Verified
Property type Motels
Use group MOTEL
Year built 1963
Construction CONCRETE BLOCKS
Total area 18,512 SF
Lot 2.08 ac (90,605 SF)
APN 261-12-0-40-17-005.00-0
UPID US33-1473374
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
  • Continental Inn Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$590k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$590k
Owner & transaction history
Petra Protect LLC · 3 yrs held
Petra Protect LLC
since 2023
2 recorded transactions
2023
Price N/A
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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