223 Main St Grainfield, KS 67737-3733

This exceptional, upscale restaurant in Grainfield, Kansas, presents a compelling investment opportunity. Located on Main Street, near I-70, this 1,800 square foot, single-story building sits on a 4,000 square foot lot. Completely renovated between 2021 and 2022, the property boasts a 100% occupancy rate and a strong NOI of $183,240, yielding a 37.02% cap rate. The asking price is $495,000, or $275 per square foot. The establishment features inside seating for 83 guests, a fully stocked bar, and a lively outdoor patio with additional seating for 24 and turf games. Known for its exceptional pizzas and steaks, this well-patronized restaurant draws customers from a wide radius, benefiting from its proximity to the high-traffic I-70 interstate. All restaurant equipment and inventory are included in the sale, making this a truly turnkey operation. The property is zoned for commercial use and offers significant potential for growth. This is an ideal opportunity for an investor seeking a high-return investment or an aspiring restaurateur looking to acquire a thriving, established business. Financial records are available upon request. The building was originally constructed in 1950.