27 Main St Chanute, KS 66720-1748
- Retail space
- 5,875 SF
- 0.08 lot acres
Current Use by Public Records
- Retail space
Property Details for 27 Main St
- Year built
- 1910
- Construction
- FRAME
- Lot size
- 0.08 lot acres
- Property size
- 5,875 SF
- Property type
- Retail space
- APN
- 044-20-0-40-02-003.00-0
- APU
- 442004002003000
Description
This turnkey restaurant opportunity presents a rare chance to acquire a well-established Chanute, Kansas business. Located at 27 W Main in the heart of downtown, this landmark eatery has operated continuously since 1988, with the current owners at the helm since 2011. The restaurant boasts a classic Chinese menu, featuring three large hot food bars and a salad bar, serving both lunch and dinner, with all-day menu service available. The sale includes the building, the ongoing business, all fixtures, furniture, equipment, and inventory. Financial records demonstrate a history of profitability, supporting two families over the years. The building itself offers significant recent upgrades, including a new roof (installed in 2022 following storm damage), a new sewer line (2020), and a brand-new HVAC system (December 2023). The 3,375 square foot, two-story building sits on a 0.08-acre lot and was originally constructed in 1910. This well-loved restaurant enjoys a loyal customer base, presenting a unique opportunity for another family to continue its legacy. The asking price is $299,000. Showings are by appointment only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chanute
- County
- Neosho
- State
- Kansas
- Longitude
- -95.4537
- Latitude
- 37.6815
