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    OFF-MARKET
    Drive through restaurants

    2613 Candlewood Dr, Emporia, KS 66801-6650

    4,360 SF 1.52 ac lot Built 2005
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US33-1200783
    Property summary
    AI-generated overview

    This versatile 4,360 square foot commercial building, situated on a 1.5-acre lot in Emporia, Kansas, is offered at an online auction. Zoned C-3 General Commercial, this property boasts a prime location with approximately 20,000 daily vehicles passing on nearby KTA/I-335. Built in 2005, the building features a large open space with built-in seating, tile flooring, a front ordering/reception area, a kitchen with a drive-thru window, a walk-in freezer, offices, and restrooms. Additional amenities include a party/private room, ample paved parking, multiple entrances, and signage availability. Ideal for restaurants, retail, event spaces, or service businesses, the flexible design offers numerous possibilities. The property is being sold "as is, where is" with clear title at closing and no back taxes. Auction bidding opens January 28th, 2025, at 2 PM CST and closes February 12th, 2025, at 2:10 PM CST. A 10% buyer's premium (minimum $2,500) will be added to the final bid. Earnest money options include $30,000 with a 30-day closing or $45,000 with a 45-day closing. Pre-auction property previews are available by appointment. Any KFC-related marketing will be removed before closing. A detailed property information packet, including a list of non-transferable items and full auction terms and conditions, is available. No minimum bid, no reserve.

    Property profile
    Verified
    Property type Drive through restaurants
    Use group DRIVE-THRU RESTAURANT, FAST FOOD
    Year built 2005
    Construction FRAME
    Total area 4,360 SF
    Lot 1.52 ac (66,211 SF)
    APN 193-05-0-40-01-023.00-0
    UPID US33-1200783
    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
    • KFC Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    CTS EMPORIA LLC
    CTS EMPORIA LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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