403 Main St Sedan, KS 67361-1529
Prime investment opportunity in Sedan, Kansas! This property boasts a 1,326 square foot restaurant building featuring an indoor dining area, drive-thru window, pizza oven, walk-in refrigerator, coolers, two restrooms, and an office – essentially a turnkey operation. The restaurant is complemented by thirteen 10x14 foot storage units, generating additional rental income. Located on Main Street, the property offers excellent visibility and accessibility. A substantial paved parking lot provides ample space for 24 vehicles. The 1.69-acre lot provides room for expansion or future development. This combined restaurant and storage facility presents a unique opportunity for a savvy investor seeking a diversified income stream in a thriving Kansas community. The existing infrastructure and equipment minimize upfront investment, allowing for a quick return on capital. The property's location on Main Street ensures high traffic visibility, attracting both restaurant patrons and storage unit renters. This is a rare chance to acquire a well-established business with significant growth potential. The combination of a functional restaurant and income-producing storage units makes this a truly compelling investment proposition.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.